The purpose of MPC’s Industrial Development Fund is to provide off-balance sheet financing to fund investments in energy efficiency projects ranging from $1,000,000 to $50,000,000. Traditionally, Energy Funds invest in energy sector companies however, with escalating energy costs and environmental calls for greater energy efficiency, greater needs developed and opportunities opened up to fund capital projects within large industrial manufacturing companies that use a significant amount of energy in the manufacture of their products. Typical projects funded include: cogeneration, boiler systems, heat recovery projects…
MPC’s Industrial Development Fund seeks to fill a need in the marketplace that will provide industry with new options to fund energy efficiency capital projects. Restrictive capital budgets have limited industry from investing in many worthwhile energy related projects in the past. MPC leverages the energy costs by savings generated from the installation of the capital asset to pay for the project.
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Click on the link below to learn more about our Industrial Development Fund