Clean Energy Investment Program (Florida)

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Last modified on February 12, 2015.

EZFeed Policy

Place Florida


   
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
Active Policy Yes

Implementing Sector State/Province











Funding Source US Department of Energy - ARRA















Program Administrator Florida Department of Agriculture and Consumer Services
Primary Website http://floridaopportunityfund.com/EnergyAbout.asp



Last Review 2014-06-13
Last Substantive Modification
to Summary
2014-06-13

Information Source https://www.naseo.org/data/sites/1/documents/committees/financing/notes/2011-05-06-Florida_Clean_Energy_Investment_Program.pdf


Summary

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.



Policy Contact

Contact Name Jennifer Dunham
Department Florida Opportunity Fund
Division c/o MILCOM Venture Partners
Address 270 West New England Avenue

Place Winter Park, Florida
Zip/Postal Code 32789
Phone 407.838.1400

Fax 407.659.0447
Email jennifer@floridaopportunityfund.com
Website http://floridaopportunityfund.com/EnergyContactUs.asp
     
     


















References