Enhanced Capital Announces Release of 2023 Community Impact Report

NEW YORK, May 16, 2024 /PRNewswire/ — Enhanced Capital, a leading impact investing firm founded in 1999, has released its 2023 Community Impact Report.

The report highlights Enhanced Capital’s progress in creating stronger, more sustainable communities across its investment focus areas: climate finance, impact real estate and small business lending.

“In our 2023 Community Impact Report, we are proud to highlight the significant impact of transforming local economies for the benefit of investors and community stakeholders,” said Michael Korengold, President and CEO of Enhanced Capital. “The report highlights our efforts to provide financing solutions to projects and businesses that do not have access to traditional sources of capital.”

Notable Highlights:

• Committed to $3.7 billion In assets with an impact on projects and companies since their creation thanks to Enhanced Capital’s three investment strategies.
• More than 3,600 jobs supported in 2023 and more than 53,000 jobs since its creationcontributing to economic growth and generating positive impacts that resonate across all communities.
• installed 242 megawatts of clean energy capacity in 2023 thanks to Climate Finance investments and offset approximately 1.8 million tonnes of carbon emissions over the lifespan of these projects.
• Closing 84% of investments with borrowers or developers in low-income, rural or underserved communities in 2023filling capital gaps and improving resources for high-impact businesses and projects.

Enhanced Capital’s 2023 Community Impact Report provides a comprehensive overview of its investments and achievements over the past year. It emphasizes the Company’s role in promoting impactful economic development, job creation and sustainable practices in the communities where the Company invests.

To read the Capital Enhanced Community Impact Report 2023 and to learn more about the company’s ongoing impact, visit the Enhanced Capital website.

About enhanced capital

Enhanced Capital Group, LLC is a leading impact investing firm with over 24 years of experience investing in climate finance, impact real estate and small business lending.

Since its creation in 1999 until December 31, 2023including proprietary assets and assets managed by affiliates, Enhanced Capital has raised a total of $5.8 billion. Of the total assets under management, impact assets represent $3.7 billion invested in more than 900 projects and companies in 40 states, Washington, D.C.And Porto Rico and does not include investments made by non-impact affiliates.

For more information on Enhanced Capital, please visit www.enhancedcapital.com.

Disclaimer:
Enhanced Capital Group, LLC and its affiliates are an equal opportunity provider. The information presented is for discussion purposes only and constitutes neither an offer to sell nor a solicitation of an offer to buy any securities, investment products or investment advisory services. This is not an offer or solicitation of an offer to purchase an interest in any fund.

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SOURCE Enhanced Capital