ICAST Ventures Incorporated (IVI)
ICAST Ventures Inc. (IVI) was founded in 2007 and is a wholly owned subsidiary of ICAST (International Center for Appropriate and Sustainable Technology). IVI is a for-profit corporation that provides access to energy efficiency and renewable energy solutions for multifamily properties across the U.S.
Current Ventures
IVI is currently focused on providing financial services, specifically equity financing for energy efficiency and renewable energy projects in multifamily affordable housing properties nationally. IVI is focused on monetizing the tax credits and deductions and accelerated depreciation that nonprofit owners/developers are unable to monetize. IVI is also focused on providing an equity financing solution for individual on-site EERE projects and aggregated off-site renewable energy projects. IVI is working with various partners who will provide the debt financing, including its affiliate CDFI – TBL Fund.
Past Projects
Mainstreet Power Company (MSPC)
MSPC is a solar development firm which developed over $250 Million of solar PV systems across the country before being sold in late 2015 to AES Corporation.
National Energy Services Company (NESCO)
NESCO is an energy service company which focused on delivering energy efficiency and renewable energy solutions to commercial properties using a energy performance contract model.
Clean Coal Briquette Inc. (CCBI).
Clean Coal Briquette Inc. created a unique product combing coal waste with biomass to form a proprietary engineered fuel. This fuel was product tested at power plants in Colorado as an alternate means of energy generation using two waste streams with some renewable bio-power.
