state green bank legislation

Minnesota is proposing state green bank legislation that would put state funds to finance climate and clean energy projects in the state. The legislation creates the Minnesota Climate Innovation Finance Authority, funded with $45 million in state money to support a self-sustaining lending institution lend to businesses & homeowners. The lending would allow for longer terms, lower interest rates, and could cover projects like weatherization, solar panels and heat pumps.

Energy News Network | Minnesota legislation aims to boost speed and scale of green financing