The federal Project Grant award of $308,553 was issued on January 22, 2025 by the U.S. Department of Agriculture's Rural Business Cooperative Services under the Rural Energy for America Program (CFDA 10.868). The grant will fund renewable energy systems and energy efficiency improvements for the recipient, Nisha Investments LLC, a minority-owned for-profit business located in Slidell, Louisiana. The two-year grant period runs through January 22, 2027 and is intended to help the rural small business reduce energy costs, enhance energy efficiency, and expand the use of renewable energy technologies such as solar panels, wind turbines, or geothermal systems. This REAP grant award is part of the Inflation Reduction Act's $1.055 billion in anticipated funding for fiscal years 2025-2027 to support rural energy projects.
Generated 3/4/25, 3:57 AM