The Missouri Department of Economic Development is making $7.5 million in low-interest loans available to not-for-profit hospitals and other organizations to complete energy-efficiency and renewable energy projects, according to an article on the Southeast Missourian website.
Public schools, public or private colleges and universities, local governments, public water and wastewater treatment facilities are also eligible.
Ste. Genevieve County Memorial Hospital received a loan to upgrade its HVAC system, which will result in an annual energy savings of $27,443, the article said.
Since 1989, the Division of Energy has awarded more than 538 loans, accounting for more than $167 million in estimated cumulative energy savings. The projects provide needed improvements to facilities, encourage the use of green technology and reduce greenhouse gases.