Up to $500,000 in Sustainable Development Fund Financing Program
The Pennsylvania Public Utility Commission created the Sustainable Development Fund (SDF). The SDF provides financial assistance to eligible projects in the form of grants, commercial loans, subordinated debt, royalty financing, and equity financing. The SDF provides financial assistance for the following: companies and ventures that generate electricity using renewable energy sources; manufacturers, distributors and installers of renewable energy, advanced clean energy and energy-conserving products and technologies; and companies and organizations that are end-users of renewable energy, advanced clean energy and energy-conserving products and technologies. SDF also has a lease-financing product for large non-profit institutions (schools and hospitals) for energy conservation improvements. The SDF Commercial Financing Program provides flexible business loans to manufacturers, wholesalers/distributors, retailers and service companies who want to finance equipment upgrades or electricity energy savings improvements to their plant/office facilities; to end-user companies wishing to purchase advanced clean energy systems; and start-ups and expansions of companies producing clean energy. Contact: Sustainable Development Fund, 718 Arch Street, Suite 300 North, 7217 Oak Avenue, Philadelphia, PA 19105; 215-574-5850; http://www.trfund.com/sdf/financing.html
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