Clean Energy Manufacturing Revolving Loan Fund
Administered by: The Wisconsin Economic Development Corporation and The Wisconsin Department of Administration
Program Details
- Program ID
- 5588
- Last Updated
- 2/25/2020
Eligibility
Program 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.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.