In this era of green politics, we can't help but
be taken by the idea behind Transcend Equity Development,
a marketplace driven gamble on energy efficiency.
As we reported in last week's issue, Transcend is
a young company that is betting on its ability to
squeeze savings out of the energy bills commercial
properties. It offers to take over a building's utility
bills and, then, it makes capital improvements to
cut down on the property's energy consumption. As
part of the deal, the landlord pays Transcend the
historical utility tab for a period of years.
