News

IADG Energy Bank Supporting Energy Efficiency

posted on Wednesday, February 5, 2020 in News

IADG Energy Bank Supports Energy Efficiency

New refrigeration cases and a compressor system are being installed in Prairie Market, a family-owned grocery store in Paullina, IA. The IADG Energy Bank RLF approved a loan to support the upgrade of their existing 45-year-old equipment that was frequently in need of repair and not energy efficient. Upgrading the refrigeration cases will result in considerable energy efficiency, savings, and a significant reduction in food spoilage.

New refrigeration units in Prairie Market, Paullina, IA grocery store. The IADG Energy Bank Revolving Loan Fund (RLF) is focused on making loans to businesses and industries for qualifying energy efficiency projects. Preference is given to manufacturers. Loan amounts range from $50,000 - $300,000. For more information, visit IADG.com/EnergyBank.