Clean Energy Investment Program (Florida)
Last modified on February 12, 2015.
|Applies to States or Provinces||Florida|
|Name||Clean Energy Investment Program (Florida)|
|Policy Category||Financial Incentive|
|Policy Type||Bond Program|
|Affected Technologies||Biomass/Biogas, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Solar Photovoltaics, Tidal Energy, Wave Energy|
|Funding Source||US Department of Energy - ARRA|
|Program Administrator||Florida Department of Agriculture and Consumer Services|
| Last Substantive Modification
The Florida Opportunity Fund's Clean Energy Investment Program is a direct investment program created to promote the adoption of energy efficient and renewable energy (EE/RE) products and technologies in Florida. The Fund will increase the availability of capital in Florida through both loan and equity investment instruments, and is designed to help Florida businesses and promote the adoption of commercialized clean energy technology. Fund investments must comport to the State Energy Program statute which requires that funds be used primarily for: (1) facility and equipment improvement with EE/RE products; (2) acquisition or demonstration of renewable energy products; and (3) improvement of existing production, manufacturing, assembly or distribution processes to reduce consumption or increase the efficient use of energy in such processes. The Office of Energy is working with the Grantee – Florida Opportunity Fund (staffed by Enterprise Florida) – and their contracted investment manager Florida First Partners to administer the program.
|Contact Name||Jennifer Dunham|
|Department||Florida Opportunity Fund|
|Division||c/o MILCOM Venture Partners|
|Address||270 West New England Avenue|
|Place||Winter Park, Florida|