Secondary Market Taxable Bond Program (Maine)
Last modified on February 12, 2015.
|Name||Secondary Market Taxable Bond Program (Maine)|
|Policy Category||Financial Incentive|
|Policy Type||Bond Program|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy|
|Program Administrator||Finance Authority of Maine (FAME)|
The Secondary Market Taxable Bond Program provides tax-exempt interest rate bond financing for real estate and machinery and equipment acquisitions. Up to 90% of the project debt may be financed, though FAME cannot exceed $4,750,000 towards one company. The pricing is determined by market conditions at the time of the bond sale.
|Department||Finance Authority of Maine|
|Address||5 Community Drive, P.O. Box 949, Augusta, ME|