Sustainable Finance

Alternative Energy Revolving Loan Program

The Montana Energy Office operates a revolving fund to provide low-interest loans to local governments, non-profits, and businesses under 100 employees for renewable energy and efficiency projects. The program offers loans up to $40,000 at an interest rate of 3% on terms of up to

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C-PACE

Commercial properties and large residential developments in certain Montana districts can apply for financing that covers 100% of the upfront costs for renewable energy and energy efficiency projects. Applicants must show that projects save more money than they cost over their lifetimes. Repayment periods can

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Rural Minnesota Energy Board PACE Program

For commercial and industrial property owners in rural Minnesota counties, the Rural Minnesota Energy Board offers PACE funding for retrofits that install solar thermal, geothermal heat pumps, or any technology which increases energy efficiency. Participating counties include Blue Earth, Brown, Cottonwood, Faribault, Freeborn, Jackson, Lincoln,

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Environmental Assistance Loans

MCPA partners with private financial institutions to provide low-interest financing to businesses and political subdivisions of the state to fund the capital costs of environmental projects, including those reducing pollution. While many businesses and projects are eligible for loans, the MPCA prioritizes small- and medium-sized

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Maryland Clean Energy Capital Financing Program

The Maryland Clean Energy Capital Financing Program provides projects with access to lower-cost capital and an advantageous finance structure for projects that include renewable energy production and energy efficiency measures. House Bill 1337 of the Maryland General Assembly, which establishes the program, defines clean energy

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Renewable Energy Trust Fund

The Massachusetts Renewable Energy Trust Fund is aimed at promoting the increased availability, use, and affordability of renewable energy. Activities include funding research, design, and evaluation of pilots to promote energy innovation. Section 9 of Chapter 23J of Title 2 of the Massachusetts General Laws

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PACE Massachusetts

Massachusetts Property Assessed Clean Energy funding helps commercial and industrial property owners finance energy improvements with financing terms of up to 20 years. Eligible energy improvements include measures that reduce energy consumption and renewable energy system installation. 2021 Program guidelines can be found here: https://www.massdevelopment.com/assets/what-we-offer/pace/FINAL_Guidelines07312021.pdf

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Energy Efficiency and Renewable Energy Revolving Fund

The Energy Efficiency and Renewable Energy Revolving Loan Fund, created within the Michigan State Treasury by Section 460.912 of the Michigan Compiled Statutes, provides loans, grants, and other forms of assistance to public or private entities for energy efficiency and renewable energy projects. 

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Michigan PACE Financing

The Michigan Property Assessed Clean Energy (PACE) funding provides property owners with the opportunity to finance energy efficiency, water conservation, and renewable energy projects with no upfront costs. Eligible improvements must decrease energy or water use or generate electricity on-site.

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MinnPACE

The MinnPACE program offers financing for industrial, commercial, and residential property owners to install energy efficiency and emissions reduction projects, including those utilizing beneficial electrification technologies, geothermal, and solar heating. The program offers 100% financing for eligible projects, repaid at a fixed rate through a

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