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Clean Energy Fund (CEF)

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.

Public + private

Borrower types

Broad eligibility

Emerging tech

High upfront cost

As eligible

Competitive

Interest

Program rates

1+ yr

Terms

Up to useful life

Eligibility

Who can apply

Public and private borrowers pursuing eligible energy efficiency, renewable energy, and certain emerging technologies with high upfront cost, per program policies.

Use of funds

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.

Requirements

Follow program policies, procurement requirements, and the published application process. Use program contacts for scoping and intake questions.

Additional services: free energy audits and limited energy consulting may be available; contact the program for details. The Energy Asset Management Program (EAMP) offers public entities free consulting to develop a customized plan to manage energy assets.

Support services

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  • CEF

    Audits and consulting

    Request a free energy audit and ask about limited consulting to scope projects and support your application.

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How it works

Use the program application link in Additional resources when you are ready to apply.

  1. Eligible projects

    Financing includes measures that conserve energy or produce clean energy, and emerging technologies with high upfront cost when consistent with program guidance.

  2. Terms and rates

    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.

  3. Apply

    For a financing application, use the “how to apply” link and materials in Additional resources, and contact program staff with questions.

    Resources

Additional resources

Client resources / FAQ hub

Frequently asked questions

How is CEF different from EBF?

CEF 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.

Related programs

Contact

Greg Miller

Business Development Officer

For more information about the CEF, contact RIIB using the information below.

Schedule a conversation

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