SEC. 9007 reap-energy efficiency improvements grants (man)

Grant Award Summary

Bourbon Bound Farms LLC received a $482,320 Project Grant award on April 24, 2025, from the Rural Business Cooperative Services (RBCS) under the Rural Energy for America Program (CFDA 10.868). This award, with an ultimate completion date of April 24, 2027, supports energy efficiency improvements and/or renewable energy systems development at the awardee's agricultural operation located in Georgia. The funding will enable the implementation of eligible energy projects, which may include technologies such as solar panel installations, wind turbines, geothermal systems, HVAC improvements, energy-efficient lighting upgrades, or building insulation enhancements designed to reduce energy consumption and operational costs.

Grant funds are provided on a reimbursement basis following project completion and operational status. The Rural Energy for America Program structures awards to cover up to 25 percent of eligible project costs, with the maximum grant amount for energy efficiency improvements capped at $250,000 and renewable energy systems capped at $500,000. Combined grants and guaranteed loans cannot exceed 75 percent of total eligible project costs. The awardee is required to retain all financial records, supporting documents, and statistical records related to the award for at least three years after final disbursement.