CFC Announces Pilot Program with NRCO and Federated
The National Rural Utilities Cooperative Finance Corporation (CFC) is working with the National Renewables Cooperative Organization (NRCO) and Federated Rural Electric Insurance Exchange (Federated) to promote a more efficient process for the development of solar projects by coops. NRCO will play a guiding role in the program by advising coops on project management, marketing and standardized legal documentation. Federated will help with the financing of initial projects through its commitment of $6 million in tax equity financing. Marketwired has more on this story.