According to Matt Golden, a senior energy finance consultant with the Environmental Defense Fund (EDF), in discussing the challenges associated with energy efficiency projects in a May 4 article on the Utility Dive website, noted, "These projects are very complicated and are unique by nature. This results in very expensive, time consuming, and complicated due diligence by every market actor. It is one of the major barriers to getting these projects completed, whether it is a building owner or an investor looking at a prospective investment."
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