Logical Buildings, a sustainability, smart building, and virtual power plant (VPP) software and solutions provider closed a $110 million VPP project facility with Keyframe Capital. The project facility will be used to pursue VPP projects within New York City- and New Jersey-based multifamily residential buildings, providing thousands of operators with reputational and financial incentives to invest in initiatives that will drive energy savings, lower greenhouse gas emissions, and establish new channels for grid services revenue.