Minnesota businesses access loans for automation technology in manufacturing and production industries

Minnesota businesses access loans for automation technology in manufacturing and production industries Main Photo

15 May 2023


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Plastics manufacturers, wood products companies, and large-scale dairy operations are just a few examples of businesses that took advantage of Great River Energy’s E3 Loans for Minnesota businesses. In each example, Great River Energy and its consultants identified enough kilowatt-hours (kWh) per year in potential energy savings associated with the new equipment the company planned to install, to qualify the loans for a 0% interest rate. The value of the conservation improvements and estimated new energy sales was determined by evaluating production volumes per kWh consumed before and after the new equipment was installed. 

Great River Energy provides loans for Minnesota businesses through the Energy Efficient Equipment Loan Program

Great River Energy’s Energy Efficient Equipment (E3) loans for Minnesota businesses are available to all-requirement cooperatives to facilitate the installation of high-efficiency equipment and to support beneficial electrification projects of CI&A members, resulting in net carbon reduction and new energy sales

See if your business objectives align with Great River Energy’s assistance programs here.