Louisville Passes EPAD Legislation
With the passage in late April of an ordinance in metro Louisville, Kentucky now has seven Energy Project Assessment Districts (EPAD), called PACE, or "Property Assessed Clean Energy" elsewhere in the United States.
USDA Announces over $8M in Payments to Support Biofuel Production
Agriculture Secretary Tom Vilsack announced that the USDA is investing $8.8 million to boost the production of advanced biofuels and sustain jobs at renewable energy facilities in 39 states. The funding is being provided through USDA's Advanced Biofuel Payment Program, which was established in the 2008 Farm Bill.
Largest PACE Bond Securitization Completed
Renovate America announced the closing of its seventh securitization of PACE bonds – the largest ever completed to date by any issuer and a designated green bond secured by 13,432 PACE assessments levied on residential properties in 31 California counties.
SC JEDA Issues QECBs for Randolph Trucking
The South Carolina Jobs-Economic Development Authority will loan $880,662 to Randolph Trucking so that four trucks can be converted to run on compressed natural gas. The project will be funded by Qualified Energy Conservation Bonds.
Accelerating the Commercial PACE Market
NASEO recently released a new report, "Accelerating the Commercial PACE Market: Statewide Programs and State Energy Office Participation in Property Assessed Clean Energy (PACE) Financing.
USDA Announces EE/RE Grant for the Pacific Northwest
The adoption of energy efficiency practices and renewable energy systems in the Pacific Northwest will be accelerated through Rural Energy at Work, a new program offered by the nonprofit Wy'East Resources Conservation and Development Council with the help of a nearly $100,000 grant from the USDA Rural Development
WA DOC Grants $10.6M for Energy Efficiency Projects
The Washington State Department of Commerce will provide over $10 million in energy efficiency and solar grants to reduce energy costs for eight higher education institutions, 32 local governments, four state agencies, and eight public school districts.
Four New NY Green Bank Transactions Generating $220M
Gov. Cuomo announced the closing of four new NY Green Bank transactions, which are expected to generate up to $220 million in clean energy projects, including more than 6,200 residential rooftop solar installations across the state.
Failure to Act: Closing the Infrastructure Investment Gap for America's Economic Future
The Failure to Act report series from American Society of Civil Engineers answers this key question — how does the nation's failure to act to improve the condition of U.S. infrastructure systems affect the nation's economic performance?
PACE Roundup: Residential PACE Tops $2B
Residential PACE financing has doubled from $1 billion less than a year ago to more than $2 billion today, according to PACENow, a nonprofit that tracks the PACE market. Commercial PACE, with larger but slower-moving projects, has scaled up to $250 million, up from about $150 million at the end of 2015.
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