Client Alert: New, Low-Interest Options for Financing Alternative Energy Projects

On June 4, 2010, the General Assembly passed Substitute Senate Bill 232 (“S.B. 232”), which includes provisions related to a revolving loan fund program for certain alternative energy projects and an expansion of the use of special improvement districts (“SIDs”) to support certain advanced energy projects. The provisions should facilitate affordable, efficient financing of advanced energy projects throughout the State by entrepreneurial communities, business owners and homeowners.

Click on the link below to download the Client Alert which discusses these provisions.