Pathway Lending to run program that could reduce a building’s total stress on grid by a quarter
The Tennessee Department of Economic and Community Development today announced a new $50 million energy efficiency loan program to help Tennessee businesses finance the purchase of energy-efficient technology, energy retrofits and renewable energy systems.
“Our goal is to make Tennessee a true leader in sustainability, and this new Energy Efficiency Loan Program will be a substantial step in that direction,” said Gov. Phil Bredesen in a statement. “By providing access to this type of financing, we are making Tennessee businesses more competitive, and that means more jobs for Tennesseans.”