Minnesota Climate Innovation Financing Authority to use additional financing mechanisms for climate projects.
The bill provides the Minnesota Climate Innovation Financing Authority with additional financing mechanisms to support climate projects. It allows the authority to contract with the Department of Commerce to inform project participants about financial assistance and technical information. The authority can acquire real property, provide technical services, and collaborate with the U.S. Department of Energy Loan Programs Office. It can also co-invest in projects, aggregate small projects, secure private investment, and enter into agreements with qualified lenders.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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