SEC. 9007 reap-renew energy sys grants (man)

Federal Project Grant Award Summary

Silverline Finishing, Inc. received a $1.0 million Project Grant award from the Rural Business Cooperative Services (an alternate name for the U.S. Department of Agriculture's administering entity) under the Rural Energy for America Program (CFDA 10.868) on June 12, 2025. The award supports the development or installation of renewable energy systems or energy efficiency improvements at the company's Utah facility. Under this program, eligible projects typically include solar installations, wind turbines, geothermal systems, HVAC upgrades, energy-efficient lighting, and building insulation enhancements designed to reduce energy consumption or generate renewable energy.

Grant funds are provided on a reimbursement basis following project completion and operational status, with an expected completion date of June 12, 2027 (a two-year performance period). The $1.0 million award represents the maximum allowable grant amount for renewable energy systems under the program and indicates a substantial project investment. Silverline Finishing, Inc. must maintain detailed financial and project records for at least three years following final disbursement and is required to complete the project within the two-year award period in compliance with applicable federal regulations governing the use of grant funds.