Reap renewable energy system (RES) grant unrestricted amount

Ended Project Grant Awarded

Award ID
CLSS00000084484
Recipient
Awarding agency
Obligated
$511,560

Award facts

Assistance listing
10.868 Rural Energy for America Program
Completion date
Place of performance
Colorado, USA

Award details come from USAspending.gov.

About this award

The federal Project Grant award of $511,560 was issued by the United States Department of Agriculture's Rural Business Cooperative Services under the Rural Energy for America Program (REAP), CFDA 10.868. The grant funds a renewable energy system (RES) project for Princeton Holdings LLC's Mt. Princeton Hot Springs Resort located in Colorado. The 2-year award period runs from June 18, 2024 to June 18, 2026. The REAP program provides grants of up to 25% of project costs to agricultural producers and rural small businesses to promote energy efficiency improvements and renewable energy system development. This award supports the resort's installation of solar panels, wind turbines, and other renewable energy technologies to reduce energy costs and expand the use of clean energy.

Quick answers

Who received award CLSS00000084484?

CLSS00000084484 was awarded to Princeton Holdings LLC by Rural Business Cooperative Services (Washington Office) on June 18, 2024.

How much is award CLSS00000084484 worth?

$511,560 has been obligated on CLSS00000084484.

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