{"id":1004085600,"date":"2013-10-22T08:28:35","date_gmt":"2013-10-22T16:28:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004085600"},"modified":"2022-12-08T22:13:22","modified_gmt":"2022-12-09T06:13:22","slug":"the-lineup-alaska","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/the-lineup-alaska\/","title":{"rendered":"The Lineup: Alaska"},"content":{"rendered":"<p>After Alaska\u2019s legislature spent much of two years structuring a revolving energy efficiency loan facility, Gov. Sean Parnell signed legislation last year establishing a new loan-participation fund to be administered by the state\u2019s development finance corporation, the Alaska Industrial Development and Export Authority (AIDEA).<\/p>\n<p>The Sustainable Energy Transmission and Supply (SETS) development fund\u2019s initial capitalization is $125 million, appropriated from state revenues. Eligible projects include commercial building energy retrofits as well as clean-energy generation projects.<\/p>\n<p>When SETS loans directly to property owners or other project sponsors, it will typically fill capital stack gaps while covering as much as one-third of the cost, with private lenders providing the balance. SETS can also guarantee loans or bonds tied to energy projects. The maximum that can be loaned to any venture is set at $20 million.<\/p>\n<p><em>\u2013 Brad Berton<\/em><\/p>\n<p><em><a href=\"https:\/\/www.commercialsearch.com\/news\/in-print\/the-lineup\/\">View information<\/a>\u00a0on how other states have approached green retrofit financing.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Alaska\u2019s legislature spent much of two years structuring a revolving energy efficiency loan facility, Gov. Sean Parnell signed legislation last year establishing a new loan-participation fund to be administered by the state\u2019s development finance corporation, the Alaska Industrial Development and Export Authority (AIDEA). The Sustainable Energy Transmission and Supply (SETS) development fund\u2019s initial capitalization&hellip;<\/p>\n","protected":false},"author":755,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004085600","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Lineup: Alaska - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/the-lineup-alaska\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Lineup: Alaska\" \/>\n<meta property=\"og:description\" content=\"After Alaska\u2019s legislature spent much of two years structuring a revolving energy efficiency loan facility, Gov. Sean Parnell signed legislation last year establishing a new loan-participation fund to be administered by the state\u2019s development finance corporation, the Alaska Industrial Development and Export Authority (AIDEA). The Sustainable Energy Transmission and Supply (SETS) development fund\u2019s initial capitalization&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/the-lineup-alaska\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-10-22T16:28:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T06:13:22+00:00\" \/>\n<meta name=\"author\" content=\"Suzann D. Silverman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-lineup-alaska\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/the-lineup-alaska\/\",\"name\":\"The Lineup: Alaska - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"datePublished\":\"2013-10-22T16:28:35+00:00\",\"dateModified\":\"2022-12-09T06:13:22+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c76ee9cae0414c33cc46212296dda6b9\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-lineup-alaska\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/the-lineup-alaska\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-lineup-alaska\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Lineup: Alaska\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c76ee9cae0414c33cc46212296dda6b9\",\"name\":\"Suzann D. 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