Predevelopment Financing Initiative
OVERVIEW
The Clean Energy Pre-Development Financing Initiative offers funding in the form of grants and loans in an effort to support the development of grid-connected Generating Facilities in New England that employ renewable energy technologies.
Under this Solicitation, grant funding is available to public instrumentalities for feasibility studies. Unsecured loans for pre-development activities are available to eligible applicants awarded funding. Feasibility study funding is limited to $50,000 per project. Pre-development funding is limited to $250,000 for wind and biomass projects and $150,000 for all other projects. A minimum cost-share of 25% is required for all projects.
The minimum project size by technology that this solicitation intends to support is:
- 3,000 kilowatts (kW) for wind and biomass energy projects
- 250 kW for landfill gas, digester gas, and hydroelectric projects
Applications due October 15, 2008
APPLICATION MATERIALS AND OTHER INFORMATION
Document |
File Type |
Solicitation |
|
Attachment A - Application Form |
|
Attachment A - Budget Form |
|
Attachment B - Signature & Acceptance Form |
|
Attachment C - Agreements |
|
Attachment D - Reporting & Invoicing Requirements |
CONTACT
Project Manager, Amy Barad, 508.870.0312 x 285