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Pennsylvania Sustainable Development Fund (PECO)
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Name |
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Pennsylvania Sustainable Development Fund (PECO) |
Status |
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Active |
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Funding Mechanism |
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Loan fund |
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Duration |
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1999 - present |
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Objectives |
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Promote renewable/clean energy and energy efficiency/conservation |
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Sponsors |
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Created by PA PUC, managed by The Reinvestment Fund |
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Eligible Sectors |
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Companies, non-profit institutions |
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Eligible Projects/Technologies |
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Loans/investments to companies, project financing |
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Fund Endowment |
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Capitalized at US$ 32 million |
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Terms |
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-Funding Instruments |
Loans, equity, near equity investments |
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-Interest Rates |
Flexible |
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-Payback |
Flexible |
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-Size |
US$ 25,000 – 1,500,000 |
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-Collateral |
Yes |
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-Share of loan in project cost |
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-Loan criteria |
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Comments |
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Sources |
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The Reinvestment Fund |
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| Contact Information |
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