EPA Announces Selected WIFIA Projects
The WIFIA program is inviting 12 entities with projects in nine states to apply for more than $2 billion in Water Infrastructure Finance and Innovation Act (WIFIA) loans. These potential applicants were selected from a group of projects that represent large and small communities from across the United States that submitted letters of interest to EPA in April 2017.
San Francisco to Receive $625M WIFIA Loan for Water Treatment Plant
San Francisco Public Utility Commission plans to replace its existing, outdated 60-year old solids treatment facilities with new facilities. This project will funded in part through a $625 million WIFIA loan and is one of the first 12 projects that have been selected for WIFIA funding.
Miami-Dade County, FL to Receive $79M Through WIFIA Loan
Miami-Dade County Water and Sewer Department will use a $79 million WIFIA loan to construct fourteen new injection wells at three wastewater treatment plants to be used for effluent discharges. This project is one of twelve initial projects selected to by the U.S. EPA to receive WIFIA funding.
Sawyer, ND Receives $125K Loan to Improve Drinking Water
Residents in Sawyer will soon have access to better drinking water, thanks in part to a $125,000 loan Friday from the Rural Development Finance Corporation. The City of Sawyer voted to improve its water quality by connecting to the North Prairie Rural Water District.
Leon County FL Launches PACE Program
Leon County on recently launched a financing program that gives residents low-interest rate financing for home repairs geared toward energy, efficiency and wind-resistant improvements. The county partnered with Florida Development Finance Corporation (FDFC) and Renovate America, a national program, to create PACE or Property Assessed Clean Energy financing.
Millennials are Driving a $9T Change Towards Sustainable Investing
Millennials are driving the nearly $9 trillion sustainable investing market, according to a survey of 1,000 investors by Morgan Stanley's Institute for Sustainable Investing. Despite recent strides in the space, the belief that sustainable investing solutions deliver weaker returns remains prevalent.
Renovate America Completes Eleventh PACE Securitization
Renovate America, a leading provider of home improvement financing, announced the closing of its eleventh securitization of HERO Property Assessed Clean Energy (PACE) green bonds.
Green Bonds Promoted Worldwide for Climate Finance
Green bonds are being promoted in Europe and South America to finance renewable energy projects.
VA Cooperative Extension Educating Farmers on Using Solar Power
As solar energy becomes more widespread and less expensive, farmers are tapping into the technology to not only bring energy costs down but bring energy to areas where it didn't previously exist. On a statewide level, Virginia Farm Bureau policy, as outlined in the organization's policy book, encourages "the continuing development of alternative, cost-effective energy supplies" and supports "incentives for farmers to install and use more alternative energy systems for farm use."
EPA Tool Helps Communities Access More Than $10B in Water Infrastructure Financing
The EPA is launching the Water Finance Clearinghouse. The Clearinghouse provides communities with a searchable database with more than $10 billion in water funding sources and over 550 resources to support local water infrastructure projects.
CT Green Bank Wins Innovation Award From Harvard
Connecticut's public-private partnership to provide funds for clean energy projects has won an innovation award from Harvard University. The Connecticut Green Bank will receive the Innovations in American Government Award later this summer during a ceremony in Hartford.
States Across the US Are Finding Innovative Ways to Finance Energy
Many of the initiatives to move our energy system towards clean, renewable power emanate from the state and local levels. A few cities have already reached the 100 percent clean energy mark, with many more committing to eventually meet that standard.
About $330M Left in New Clean Renewable Energy Bond Program
About $329.7 million of New Clean Renewable Energy Bonds can still be allocated to states, localities and other users, according to the Internal Revenue Service.
Gov. Cuomo Announces Funds to Upgrade Water Systems in NY
Two Capital Region, New York, communities are getting millions of dollars from the state to upgrade their water systems. The money will be used to fund water storage tanks, pump station facilities, replacing old water mains and developing new groundwater wells.