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Pennsylvania Sustainable Development Fund (PECO)

         
  Name   Pennsylvania Sustainable Development Fund (PECO)
Status
 
        Active  
  Funding Mechanism   Loan fund  
         
  Duration   1999 - present  
         
  Objectives   Promote renewable/clean energy and energy efficiency/conservation  
         
 

Sponsors

 

Created by PA PUC, managed by The Reinvestment Fund

 
         
  Eligible Sectors   Companies, non-profit institutions  
         
  Eligible Projects/Technologies   Loans/investments to companies, project financing  
         
  Fund Endowment   Capitalized at US$ 32 million  
         
 

Terms

     

-Funding Instruments

Loans, equity, near equity investments

-Interest Rates

Flexible

-Payback

Flexible

-Size

US$ 25,000 – 1,500,000

-Collateral

Yes

-Share of loan in project cost

 

-Loan criteria

 
         
  Comments      
         
  Sources   The Reinvestment Fund  
   
Contact Information  
   
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