Sustainable Finance

Nevada Clean Energy Fund

The Nevada Clean Energy Fund seeks to increase the pace and amount of financing available for qualified clean energy projects in the state. It is functionally a Green Bank, as it seeks to help deploy renewables such as solar and geothermal using a variety of

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State Infrastructure Bank

The Nevada State Infrastructure Bank is available to provide qualified borrowers with loans and other financial assistance towards the development, construction, and maintenance of various facilities (most relevantly, renewable energy infrastructure). These financing agreements include loan agreements, trust indentures, reimbursement agreements, bonds, and notes. Qualified

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Garden State C-PACE Financing

The New Jersey Economic Development Authority established a “Garden State C-PACE program” to facilitate the financing of Commercial-Property Assessed Clean Energy (C-PACE) projects in municipalities that opt-in. While PACE financing usually entails voluntary assessments on property, the Authority can also establish a loan loss reserve

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Local C-PACE Financing

In addition to the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program, municipalities in the top third of New Jersey municipalities in terms of population can establish local C-PACE programs to finance projects fitting certain criteria for energy efficiency and renewable energy. Those within

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Local Option – Renewable Energy Financing District

As of 2009, the Renewable Energy Financing District (REFD) Act allows New Mexico municipalities to create REFDs that repay the costs of renewable energy improvements through assessments on property tax over terms of no more than twenty years. Solar thermal and geothermal systems permanently installed

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Local Option – Solar Energy Improvement Special Assessment Act

The Solar Energy Improvement Special Assessment Act allows New Mexico counties to support solar energy improvement projects for properties, including solar photovoltaics and solar thermal. While a county may not itself fund these projects, the Act allows it to create rules for certifying private financial

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Guaranteed Energy Savings Program

Aimed at assisting Minnesota public entities in boosting energy efficiency and renewable energy deployment, this program provides a wide array of technical, contractual, and financial assistance in pursuing Energy Savings Performance Contracting. ESPCs work with approved Energy Service Companies to use the money saved by

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Small Business Environmental Improvement Loans

The Minnesota Pollution Control Agency offers zero-interest loans to Minnesota small businesses for capital expenditures helping the company comply with or exceed environmental regulations, including those regulating emissions of greenhouse gasses and other pollutants. Recipients must employ less than 100 employees and report less than

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Missouri PACE

Missouri Property Assessed Clean Energy Program (PACE) financing helps property owners in the state make investments in energy efficiency and renewable energy of all kinds. To repay the loan, property owners make fixed-rate payments as part of their annual property tax bill on terms up

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