LD1700

An Act to Create a Direct Investment Pilot Project Under the Maine Clean Energy and Sustainability Accelerator

Complete·5/28/25

Maine LD1700 establishes a pilot project for renewable energy and grid technology investments through the Maine Clean Energy and Sustainability.

Maine LD1700 amends the Maine Clean Energy and Sustainability Accelerator to allow it to provide capital to qualified projects in the form of direct loans. The Efficiency Maine Trust is directed to establish and administer a renewable energy generation and grid technology pilot project through the accelerator. The pilot project must provide financing and investment services for renewable energy generation and grid technology, including microgrids and smart grid applications.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

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8
1
R
Democratic CaucusRepublican Caucus

Calendar

Apr 30, 2025

1:00 PM

Hearing

Apr 23, 2025

1:30 PM

Hearing

History

May 28, 2025

House

PASSED TO BE ENACTED.

May 28, 2025

House

Sent for concurrence. ORDERED SENT FORTHWITH.

May 28, 2025

Senate

PASSED TO BE ENACTED, in concurrence.