Watershed Capital Group Announces $11.7M in First Close of Cascade Sierra Income Fund

Ethical Markets SRI/ESG News

Watershed Capital Group is pleased to announce that Cascade Sierra Solutions (“Cascade”) completed an initial close of its Cascade Sierra Income Fund, L.P. The financing allows Cascade to continue to finance the replacement and upgrade of polluting, inefficient trucks with clean, fuel-efficient vehicles that reduce pollution by up to 85%, while saving up to 35% in fuel consumption. Cascade is expanding nationally with its unique model of generating fixed income returns and achieving significant environmental, economic and public health benefits. For more information, feel free to contact one of the following, Aaron Enz , Shawn Lesser or Michael Whelchel.

About Cascade Sierra Solutions

Cascade Sierra Solutions is the leading entity in the U.S. providing fuel efficiency solutions and financing to the heavy-duty diesel trucking industry. Cascade provides trucking clients with financing for the purchase of fuel efficient/low emission diesel trucks and equipment upgrades. Cascade has developed a national network of green trucking centers where it provides truckers advice on new technologies, available grants and Cascade’s financing programs. Over the past four years, Cascade has provided over $80 million in financing, saved over 30 million gallons of diesel fuel and saved its clients over $90 million. Diesel trucking fuel efficiency constitutes a $100 billion opportunity and Cascade’s mission is to lead the green trucking revolution and help transform the diesel trucking industry in the United States.

About Watershed Capital Group

With the clear objective to advance a sustainable economy, Watershed Capital Group advises companies and fund managers committed to generating solid financial returns and positive environmental and social outcomes. The firm works with clients focused on the following areas: clean technologies, sustainable business models and social impact enterprises. Watershed Capital Group assists these clients in raising private growth capital, executing mergers and acquisitions, raising institutional capital for investment funds and undertaking other strategic transactions. Watershed Capital Group is a founding member of B Corporation, the leading standard for business, environmental and social best practices.