As part of the National Center for American Indian Economic Development’s (NCAIED) 2024 Reservation Economic Summit (RES) in Las Vegas, NV, the Native CDFI Network (NCN) will host two sessions focused on clean energy finance.
Session I – Monday, March 11 – 3:00pm
Title: Borrowing for Clean Energy Projects is a Slam-Dunk!
Moderator: Pete Upton
Presenters: Jeff Gilbreath (Hawai’I Community Lending) and Michael Ching (Spruce Root)
Description:
Clean energy projects are pivotal for the well-being of Native communities, addressing critical needs such as access to clean water, sustainable energy sources, improved housing, and fostering business development. Unlike the uncertainty and time-consuming nature of grants, borrowing for clean energy projects offers a more proactive and efficient approach. Native Community Development Financial Institutions (NCDFIs) are well-suited to support the financing needs of clean energy customers.
Session II – Monday, March 11 – 4:00pm
Title: Demystifying Clean Energy Finance
Moderator: Pete Upton
Presenters: Pilar Thomas (Quarles & Brady) and Thomas Steirer (Alliance for Tribal Clean Energy)
Description:
In the ever-evolving landscape of clean energy finance, understanding the diverse funding options available is paramount for Native leaders, entrepreneurs, and citizens. This workshop serves as a comprehensive guide to navigating the complexities of financing clean energy projects across Indian Country and will shed light on capital stacking options, highlighting key programs such as the “Clean Communities Investment Accelerator,” “Solar for All,” USDA’s Rural Energy for America (REAP) program, Bureau of Indian Affairs (BIA) loan guarantees, Department of Energy (DOE) Indian Energy grants, and tax credits. Participants will gain a deep understanding of how to leverage multiple funding streams to create a robust financial foundation for their clean energy initiatives.
Click here to learn more about RES 2024 and NCN’s sessions!