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ARTICLE · 07 JUNE 2013

Project Finance And USDA Rural Utilities Service – Request For Comments

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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On June 5, Acting Agriculture Under Secretary for Rural Development Doug O’Brien announced publication of an Advanced Notice of Proposed Rulemaking requesting public comment on expanding renewable energy and project financing programs under the Rural Utilities Service.

United StatesEnergy and Natural Resources
Bryan Stockton
Bryan Stockton
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On June 5, Acting Agriculture Under Secretary for Rural Development Doug O'Brien announced publication of an Advanced Notice of Proposed Rulemaking (ANPR) requesting public comment on expanding renewable energy and project financing programs under the  Rural Utilities Service (RUS).  The RUS has invested billions of dollars since the 1930s through public-private partnerships to develop  rural utilities infrastructure such as water, waste management, electricity, and telecommunications. RUS currently provides long-term financing to electricity utility systems in rural areas. The agency is considering regulatory changes related to "project financing" requirements to improve its ability to finance renewable electric infrastructure projects. RUS is considering clarifying the agency's procedures for single asset/project financing arrangements for all RUS eligible projects. USDA is seeking comments on the guidance necessary to more effectively use project financing in the

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