Clean Energy Manufacturing Revolving Loan Fund

Last updated: August 28, 2018

Program Overview

Implementing Sector:State
Category:Financial Incentive
State:Wisconsin
Incentive Type:Loan Program
Web Site:http://inwisconsin.com/grow-your-business/programs/cleanenergy/
Administrator:The Wisconsin Economic Development Corporation and The Wisconsin Department of Administration
Funding Source:Clean Energy Manufacturing Revolving Loan Fund
Eligible Renewable/Other Technologies:Biomass, Anaerobic Digestion
Eligible Efficiency Technologies:Other EE

Summary

The Wisconsin Economic Development Corporation and The Wisconsin Department of Administration are offering private sector businesses eligible for low interest loans up to $1,000,000 from the CERLF for projects that fulfill any of the following objectives:

  • Increasing energy efficiency through the reduction of industrial/manufacturing facility use of fossil fuels
  • Eliminating or reducing waste products through conversion to feedstock for energy production
  • Producing biogas

The loan will carry an interest rate of 2% from date of disbursement up to seven years or life expectancy of the equipment being finances, whichever is less. Match must be at least 51% of Total Project Cost. The envrionmental Impact of the project is considered.

Other cost-effective energy reduction or clean energy projects will also be considered for funding through the $7 million CERLF fund.

Visit the program website for details on how to apply.

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