Wells Fargo exceeds $2 billion in financing for LEED-certified buildings

Wells Fargo & Company has surpassed $2 billion in lending for Leadership in Energy and Environmental Design (LEED) certified buildings. 

Since May 2007, Wells Fargo has:
* Doubled its commitments for LEED buildings from $1 billion to $2 billion
* Increased the number of LEED buildings it has financed by 125%
* Expanded its reach from financing LEED-certified buildings in 11 states and the District of Columbia to 19 states
* Increased the type of LEED buildings financed to include a cold-storage facility, data center, and community center, in addition to office, mixed-use, industrial, retail, schools, multifamily buildings 

“Our success is a result of doing business with experienced developers and investors,” said Larry Chapman, head of Commercial Real Estate at Wells Fargo. “Current market conditions provide us with the opportunity to further demonstrate our unwavering commitment to our commercial real estate customers. Together we can achieve long-term value for our businesses and our society though the development of high performance, resource saving buildings.”

Wells Fargo is one of the first to be pre-certified for LEED for New Construction. Its new banking stores will use about 20% less energy and 40% less water than conventional buildings of the same type. Learn more at wellsfargo.com/environment.