$18.4 Million Approved For Energy Projects By Commonwealth Finance Agency

The Commonwealth Financing Authority this week approved nearly $18.4 million for 31 projects throughout the state. The investments were made possible through the $650 million Alternative Energy Investment Fund created in July 2008.

“These new resources are critically important from an economic development and job-creating perspective and also for families and small businesses struggling to cope with energy prices,” said Gov. Rendell. “These investments will support energy conservation and efficiency, help a number of school districts save precious tax dollars on their energy bills, and spur new private investment from alternative energy companies that create jobs in a rapidly growing economic sector.”

A list of projects approved is available online.