Municipal waste water treatment facilities with biogas generation opportunities as well as other developers of commercial-scale biogas and biofuel projects should consider U.S. Department of Agriculture's (USDA) loan guarantee program. USDA recently announced the availability of $181 million in loan guarantees to develop commercial-scale biorefineries or to retrofit existing facilities to develop advanced biofuels. Eligible borrowers include individuals, corporations, Indian tribes, state and local governments, and public power entities, among others. The technology employed must be commercially viable or have the technical and economic potential for commercial application. Projects must meet the following requirements:
The project must create an "Advanced biofuel," such as:
Applications are due by no later than 4:30 p.m. local time on January 30, 2014 in the USDA Rural Development National Office. Click here for the link to the funding announcement. Godfrey & Kahn, S.C. can assist your organization in pursuing available funding to develop an advanced biofuels project. If you have any questions about the available funding, please contact Art Harrington, Godfrey and Kahn's Renewable Energy Practice Group Leader, at 414.287.9414 or harrington@gklaw.com or John Clancy, Godfrey & Kahn's Environment & Energy Strategies Practice Group Leader, at 414.287.9256 or jclancy@gklaw.com.
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