Return to search

Eligible: Businesses, Utilities

Apply by Dec 31, 2025

Apply now
Active

Distributed Generation Energy Project Financing

From US Department of Agriculture (USDA)

Project loans for renewable generation projects, PPAs; serve rural customers.

  • Overview

    • Type

      Loan

    • Title

      Distributed Generation Energy Project Financing

    • Source

      US Department of Agriculture (USDA)

    • Federal or State

      Federal

    • Award Range

    • Cost Share

      Yes

  • Eligibility

    • Audience

      Businesses, Utilities

    • Sector

      Renewable Energy

    • Activity

      Project Finance

    • Eligibility

      Energy project developers for distributed energy projects; electric program borrowers for other utilities that serve rural areas.

    • Location

      National

  • Application Process

    • Application Link

      rd.usda.gov

    • Requirements

      The project needs a PPA(s) showing that its output is 100% subscribed and that (all) off takers are rural (places less than 20,000 population by census). If less than 75% of the offtake power is going to rural beneficiaries, then the RUS loan amount will be limited to that rural percentage. The borrower will then need more equity or other financing or grants. Typical loan tenure is 20 years at Treasury + 1/8th. Risk mitigation measures are required. Projects must accommodate the NEPA review process. For other requirements see link.

    • Disbursement Method

      Upfront Payment

  • Important Dates

    • Application Open Date

      Sep 1, 2024

    • Application Close Date

      Dec 31, 2025

  • Resources & Contacts

Have a question?

Visit our FAQs and glossary.

Learn more