Green Logo CLEEN Program: California Lending for Energy and Environmental Needs

The CLEEN Center provides direct public financing to Municipalities, Universities, Schools and Hospitals (MUSH borrowers) to help meet the State’s goals for greenhouse gas reduction, water conservation and environmental preservation. The CLEEN Center offers two programs: the Statewide Energy Efficiency Program (SWEEP) and the Light Emitting Diode Street Lighting Program (LED). Financing can be through a direct loan from IBank in amounts from $500 thousand to $30 million.

Generation

Solar, wind, biomass, hydroelectric

Conservation

Energy efficiency retrofits, LED lights, building automation and controls, environmental mitigation, water treatment and distribution

Energy Storage

Transmission and distribution, electrical vehicle charging stations

Statewide Energy Efficiency Program (SWEEP)

A CLEEN Center Program for small, medium and large-scale energy efficiency upgrades and projects for California’s public MUSH borrowers, SWEEP Projects include comprehensive efficiency improvements to new and existing facilities that save energy. Eligible projects could include:

  • Advanced  metering  systems  to  support  conversion  of  master-meter buildings to sub-metering
  • Data center, information technology, communications energy efficiency
  • Energy  management  and/or  control   systems,   including   continuous commissioning
  • Demand response programs
  • Water conservation, wastewater management, pipeline, mining/extraction and similar end-use processes, facilities, buildings, and infrastructure
  • Lighting and control systems
  • Heating, ventilation and air conditioning systems (HVAC)
  • Building envelope improvements
  • Occupant plug load management systems
  • Other electrical load reduction
  • Thermal and electric energy storage

Light Emitting Diode Street Lighting Program (LED Program)

The LED Program is a CLEEN Center Program for the installation of LED street lights for public Municipalities, Universities, Schools and Hospitals (MUSH) Borrowers as another energy efficiency strategy for the State. LED street light projects are deemed SWEEP Projects for purposes of the CLEEN Criteria.

IBank encourages and may require LED Program borrowers to create:

  • A policy of savings reinvestment and creation of a savings fund where the annual savings from the LED project are deposited into an account as security for the LED financing (Energy Savings Account).
  • An Energy Savings Account used to pay off debt incurred for LED project and to fund other energy savings initiatives the MUSH may have.
  • Covenants to leave the operations budget line item for street lights unchanged during the term of the SWEEP LED financing so as to ensure savings capture.
  • An operations and maintenance plan with a credit worthy party/parties. 

IBank will require investment-grade, commercially proven technology and may require that equipment selected comply with street light technology guidelines adopted by the California Lighting Technology Center at UC Davis, the Illuminating Engineering Society (IES) and/or various California utilities. IBank will require commercially reasonable equipment and labor warranties on all lighting projects and will require that installers demonstrate the ability to fulfill warranty obligations

Frequently Asked Questions

California Lending for Energy and Environmental Needs (CLEEN)

Q: Who Can Apply?

A: Eligible applicants include, but are not limited to, any subdivision of a local government, including cities, counties, special districts, assessment districts, joint powers authorities and non-profit corporations (as deemed eligible), municipalities, public universities, schools and hospitals.

Q: What are some examples of eligible projects?

A: Some examples of eligible projects *include:

  • Advanced metering systems to support conversion of master-metered buildings to sub-metering
  • Data center, information technology, communications
  • Energy management and/or control systems
  • Demand response programs
  • Water/wastewater, pipeline, mining/extraction, and similar end-use processes, facilities, buildings, and infrastructure
  • Lighting and control systems
  • Converting incandescent to CFL
  • LED repairs, replacements and upgrades
  • Heating, ventilation and air conditioning systems (HVAC)
  • Building envelope
  • Occupant plug load management systems
  • Load reduction
  • Zero emission vehicles
  • Hydrogen fueling stations
  • Thermal and electric energy storage

* Other projects with proven technologies will be considered

Contact the IBank Loan Origination Team

ISRF Program Manager: Lina Benedict

E-mail us, HERE 

Telephone: (916) 341-6600

Office: 1325 J Street, Suite 1300, Sacramento, CA 95814

Mailing: P.O. Box 2830, Sacramento, CA 95812-2830

Contact the IBank Loan Origination Team

ISRF Program Manager: Lina Benedict

E-mail us, HERE

Telephone: (916) 341-6600

Office: 1325 J Street, Suite 1300, Sacramento, CA 95814

Mailing: P.O. Box 2830, Sacramento, CA 95812-2830