The Clean Energy Fund (CEF) makes attractive, long-term financing available to public and private borrowers for the completion of energy efficiency and renewable energy projects.
$20M+
Recent financing
Conservative slice of RIIB clean-energy lending; confirm with RIIB
Public + private
Borrower types
Broad eligibility
Competitive
Interest
Program rates
1+ yr
Terms
Up to useful life
Ready to apply
For construction and implementation of clean and renewable energy projects and energy efficiency measures. Eligible borrowers include municipal and taxable authorities, public entities, and not-for-profit borrowers.
Also related: Energy Efficiency Revolving Loan Fund
For entities applying for financing for energy efficiency and renewable energy projects.
Not sure this is the right form? Check eligibility or browse all application forms.
Public and private borrowers pursuing eligible energy efficiency, renewable energy, and certain emerging technologies with high upfront cost, per program policies.
Eligible projects include measures that conserve energy or produce clean energy, including emerging technologies, with financing structured over terms as short as one year or as long as the asset’s useful life, with interest that may be capitalized during construction.
Follow program policies, procurement requirements, and the published application process. Use program contacts for scoping and intake questions.
Partner Pascoag Utility District Challenge: Pascoag Utility District supplies power to approximately 5,000 customers in Northern Rhode Island. During peak summer months, high electricity demand was putting the facility a
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Partner Cogent Capital Challenge: The Eddy Street Self Storage facility is a 155,850-SF warehouse and storage facility in Providence, Rhode Island. Buildings of this size and type are typically large energy consumers; th
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Partner Cogent Capital Challenge: The Eddy Street Self Storage facility is a 155,850-sf warehouse and storage facility in Providence, Rhode Island. Buildings of this size and type are typically large energy consumers; th
Read storyUse the program application link in Additional resources when you are ready to apply.
Financing includes measures that conserve energy or produce clean energy, and emerging technologies with high upfront cost when consistent with program guidance.
Loans may be as short as one year or as long as the asset’s useful life, with interest that may be capitalized during the construction period and competitive low-interest rates.
For a financing application, use the “how to apply” link and materials in Additional resources, and contact program staff with questions.
ResourcesCEF serves a broad mix of public and private borrowers, including emerging technologies with high upfront cost. EBF is focused on municipal and quasi-public energy projects. Compare eligibility to your project.
Municipal and quasi-public energy projects with OER priority list.
Commercial and industrial property assessed financing in opt-in communities.
Business Development Officer
For more information about the Clean Energy Fund, please contact:
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