Microf LLC, a provider of residential lease-to-own products for the HVAC industry, raised $96.7 million in growth capital. The combined debt and equity raise is funded through a new $40 million committed senior debt facility provided by Atalaya Capital Management with an additional $40 million accordion feature; a new $10 million senior debt facility provided by Microf’s existing lender, BrandBank; and $6.67 million in equity provided by current equity investors.

The city of St. Clair Shores is officially the first city in Michigan to take advantage of a law introduced in July 2016 that allows local governments to make facility improvements leveraging flexible financing programs that are not considered debt. Through the Tax-Exempt Lease Purchase (TELP) program, St. Clair Shores will partner with Johnson Controls on city-wide upgrades, including HVAC, building automation, lighting, and water improvements.

ClearSign Combustion Corp., a provider of industrial combustion technologies that help to reduce emissions and improve efficiency, announced it has a memorandum of understanding (MOU) with one of China’s largest providers of residential and commercial heating services to run a pilot test with the goal of demonstrating ClearSign’s Duplex technology as a candidate to achieve low emissions levels in the company’s boilers.

Daniel Bonner has joined Goettl Air Conditioning and The Sunny Plumber as vice president of operations. Bonner will be based out of Goettl’s Tempe office and will be responsible for all plumbing and HVAC operations in the markets Goettl and The Sunny Plumber serve including Phoenix; Tucson, Arizona; Las Vegas; and Southern California.

The ASHRAE Learning Institute (ALI) has announced the 10 courses that will be offered during ASHRAE’s 2017 Annual Conference in Long Beach, California. The headlining topic is “Complying with Standard 90.1-2016: HVAC/Mechanical,” which will be held on Tuesday, June 27. This is the first time this specific course has been made available at an ASHRAE conference.