Sustainable Finance

Energy Infrastructure Revolving Loan Program

The Energy Infrastructure Revolving Loan Program (EIRLP) went into effect on July 1, 2021, and provides low-interest loans for energy infrastructure projects facilitating electricity or gas generation, transmission, storage, or distribution. The maximum loan is $2.5 million or 75% of the project costs with terms

Read More »

Maine Clean Energy and Sustainability Accelerator

The Maine Clean Energy and Sustainability Accelerator is a specialized finance program designed to drive private capital into market gaps for goods and services producing low or no greenhouse gas emissions. According to Title 35-A, Part 8, Chapter 97 of the Maine Revised Statutes, qualified

Read More »

Maine Commercial Property Assessed Clean Energy (C-PACE)

The Maine Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial and industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. Title 35-A, Chapter 101 of the Maine Revised Statutes defines eligible properties and installations for

Read More »

State Energy Loan Program

The Idaho Governor’s Office of Energy and Mineral Resources (OEMR) State Energy Loan Program offers low-interest loans for energy projects for homes and businesses located in Idaho. Loans are available for renewable energy projects, HVAC systems, insulation, appliances, and more. Loans to commercial, multi-family, agricultural,

Read More »

Renewable Energy Project Bond Program

Idaho Senate Bill 1192 (2005) authorizes the Idaho Energy Resources Authority to undertake any renewable energy generation project and issue bonds to finance their costs, amending section 67-8908 of the Idaho code. Its definition of renewable energy includes closed-loop biomass, fuel cells, geothermal energy, waste

Read More »

Renewable Energy Project Financing

The Illinois Finance Authority may establish reserve funds to enhance bonds for renewable energy projects. As outlined in the Illinois Compiled Statutes section 3501/825-65, these bonds should not exceed $3 billion. Eligible renewable energy resources are defined in Section 1-10 of the Illinois Power Agency

Read More »

Illinois PACE Financing Program

The Illinois Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial or industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. Section 5/101011 of the Illinois Compiled Statutes grants municipalities the right to enter into voluntary

Read More »

Illinois Clean Energy Innovation Fund

The Illinois Clean Energy Innovation Fund is a revolving investment fund seeded by a grant from the state of Illinois and the U.S. Department of Energy. It is now managed by Evergreen Climate Innovations, a non-profit investment fund. This fund makes direct investments in high-potential,

Read More »

Clean Energy and Energy Efficiency Revolving Loan Fund

Hawaii Senate Bill 932 amends Hawaii Revised Statutes Chapter 196 to create a clean energy and energy efficiency revolving loan fund administered by the Hawaii Green Infrastructure Authority. This bill was enacted in 2021 and there are not currently any examples of specific past projects

Read More »

Energize Delaware Green Bond

The Delaware Sustainable Energy Utility (DESEU) was created in 2007 by the state of Delaware and is a nonprofit that implements the Energize Delaware Initiative for commercial, industrial, and other non-residential groups. The initiative offers low-interest commercial loans for renewable energy projects following a feasibility

Read More »