Join Us in Denver, CO to Discuss Underwriting Clean Energy Projects
The CDFA National Development Finance Summit, Presented by CHFA is happening in Denver, CO on November 2-4. Join this session to discuss underwriting clean energy projects with our speakers and learn about green financing tools, such as Property Assessed Clean Energy (PACE) and green bonds, and how they can be used to fund sustainable projects.
Pennsylvania Receives $240M to Improve Water Infrastructure
Pennsylvania was awarded $240 million for water infrastructure improvements by the U.S. EPA. The funding will help communities across Pennsylvania access clean drinking water, improve wastewater treatment, clean up pollution, protect the environment and increase disaster resilience. These funds were made possible through President Biden's Bipartisan Infrastructure Law.
Inland Green Capital Originates $21.1M in C-PACE for Multifamily Property in New Lenox, IL
Inland Green Capital LLC, an environmental finance and investment company, has originated $21.1 million in Commercial Property Assessed Clean Energy (C-PACE) financing for environmental improvements in the construction of a 220-unit multifamily property located at 232 N. Prairie Road in New Lenox. The C-PACE capital will help fund HVAC, LED lighting, roof, building envelope, air sealing, windows, water conservation and hot water system improvements.
How to Make the Most of the New U.S. Climate Tax Credits
The United States government just passed the Inflation Reduction Act, a sweeping piece of legislation that allocates nearly $400 billion dollars to fund clean energy and climate efforts. A big chunk of that amount is earmarked for tax credits for consumers. If you want to install solar panels, buy better windows, purchase a heat pump, or start driving an electric vehicle, there's a good chance you could get some money to offset the cost.
Arkansas EV Charging Infrastructure Plan Gets $54.1M Federal Green Light
An electric vehicle charging infrastructure plan for Arkansas gained federal approval Wednesday, securing the state more than $50M in federal grants. Arkansas is one of 35 states that had its EV charging infrastructure approved by the United States Department of Transportation. Other states are pending approval.
$150M Financing Closed by Qcells for Largest Standalone BESS in Texas' ERCOT Market
Vertically integrated solar PV and clean energy company Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project. The company announced yesterday that it had secured a revolving credit loan facility with lead arrangers BNP Paribas and Crédit Agricole CIB for its 190MW, two-hour duration (380MWh) Cunningham Energy Storage Project in Texas.
Louisiana Authority Approves $1.1B in Revenue Bonds to Finance Green Fuels Project
Strategic Biofuels, the leader in developing negative carbon footprint renewable fuels plants, announced today that the Louisiana Community Development Authority's executive committee voted unanimously to adopt a resolution granting final approval for the issuance of up to $1.1 billion of its revenue bonds to finance a portion of the Louisiana Green Fuels project (LGF).
"Brightfield" Solar Project on Former Brownfield Site in Illinois Completed
A leading cleantech integrator specializing in energy efficiency and renewable energy, and Inovateus Solar, a top U.S. solar engineering, procurement and construction (EPC) company, announced the completion of their "brightfield" solar project in Danville, Illinois, which was built on a former General Motors Powertrain Division Plant turned brownfield site.
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