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Mitsubishi HC Capital America Sustainable Development Group Commits to Innovative Clean Energy

April 21, 2023, 07:20 AM
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Topic: Industry News

Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, announced the company has dedicated additional resources aimed at helping clients meet their own clean energy goals with their integrated Sustainable Development Group. The Group is unique and distinctive because its team members are based across the United States and Canada, offering a combined, multi-national approach and skillset.

“Intently focusing and prioritizing sustainability and the environment is a focused priority for our company,” said Craig Weinewuth, Mitsubishi HC Capital America President and CEO. “Climate change knows no borders and we want to be the leading solutions provider to our partners and clients looking to reduce their own carbon footprints. The recently announced merger provides the opportunity for us to combine our teams across the United States and Canada to better leverage our collective knowledge and expertise, and to continue delivering customized and innovative solutions for our clients.”

The Group is actively working to help companies throughout North America advance their own strategies through financing, investing and services. Particular emphasis is placed on solutions for clean energy projects directed at producing power with a lower carbon emission. Another key area of focus is mobility solutions for the transportation sector, specifically capital for decarbonizing class 1-8 trucks and trailers, including charging infrastructure, as-a-service solutions, and alternative fuels.

“Sustainability is among the top three priorities for most companies, so we’re eager and excited to align our company mission with that of our clients,” said Stéphane Arsenault, Senior Vice President and newly appointed Sustainable Development Group leader. “Our combined solutions platform across the United States and Canada enables us to provide a comprehensive suite of products and services for clients operating in either or both countries. Our unique cross-border skillset makes it easier for businesses looking to improve their own environmental impact.”

Now as one collective group, employees from across the organization are joining together. Focusing on mobility are Tom Canepa, John Critelli, Jon Davies and Russ Yanaga. Focusing on clean technology and energy efficiency are Christine Chui and Tom Waters.

Within each focus area, the group collaborates with a team of external partners to help companies in the design and implementation of programs, structures and software to meet their sustainability goals.

“This is truly more than financing,” said Arsenault. “With our partner network, located across all states and provinces, we work with clients to help them navigate the complex range of rebates, credits and subsidy programs available at the federal, state and provincial level.”

“Our commitment and the importance of clean energy solutions and sustainability comes into great focus as we approach Earth Day,” Arsenault noted, “We agree that sustainability is the path to prosperity for humanity and businesses alike. As we grow, we will expand into other areas of sustainability, always looking to expand our partner network and furthering our commitment.”

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