New Jersey Creates Nation's First 'Resiliency' Bank for Power Projects

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New Jersey Creates Nation's First 'Resiliency' Bank for Power Projects


NJ Creates ‘Resiliency’ Bank - Energy Manager Today
www.energymanagertoday.com
After dealing with the impacts of Hurricane Sandy, New Jersey has created the first-in-the-nation Energy Resilience Bank (ERB), which will provide $200 million for municipalities to finance clean, resilient power projects. Utilizing $200 million through New Jersey’s second Community Development Bloc…
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