Wells Fargo for more than 8 billion dollar environmental financing

Wells Fargo & Company (NYSE: WFC) announced today that it has passed the 8 billion dollar sign companies and loans and investment projects, which have a direct positive impact on the environment. Wells Fargo Environmental Finance information on the company’s 2010 efforts to support a wide range of Report and the enterprises of the projects, including more than 250 projects related to renewable energy sources more than 3,7 billion dollars in green buildings, and loans, there are a number of manufacturers of clean technology, green community projects, funding and other environmentally focused on customers. 8 Billion dollar-figure represents the available to the public on the market since 2005, the environment, including more than $ 1.3 billion in 2010, the total amount of capital is made.

Barry Neal, Wells Fargo, the head of the Environmental Finance group, said “more than $ 8 billion in financing not only describes the Wells Fargo continued commitment to the environment, but also a huge growth in clean technology”. “We look forward to helping Expand as we continue to invest in projects, customers, and to support the clean energy economy further in the industry.”


2010 highlights include:


* Approximately 240 million dollars invested in solar photovoltaic and wind projects in eight different
* Three new products and offers to help customers reduce costs and contribute to the development of clean energy resources: construction financing, direct lease and loan financing and loans, home equity, photo-voltaic
* More than 300 million dollar commitment to clean technology loans
* More than 750 million dollar financing provided LEED ® certified Construction and community development projects


To access the full report, visit: https://www.wellsfargo.com/downloads/pdf/about/csr/reports/environmental_finance_report.pdf

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