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CEF makes early stage capital investments in projects that build consumer demand or
produce clean power. Companies that are building clean energy products are also eligible for venture capital investments.
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Connecticut
Connecticut Clean Energy Fund
Created in 1998 as part of Connecticut’s utility deregulation activities, the Connecticut Clean Energy Fund (CCEF) invests in enterprises and other initiatives that promote and develop sustainable markets for energy from renewables and fuel cells. These projects can be based anywhere in the world, as long as they benefit Connecticut ratepayers. Managed by Connecticut Innovations, CCEF aims to: build a strong green power market in the state; establish a strong statewide economic base in clean energy products and services; and deliver investment returns that enable the Fund to sustain its operation.
CCEF makes early stage capital investments in projects that build consumer demand or produce clean power. Companies that are building clean energy products are also eligible for venture capital investments. To be considered for investment by the fund, projects and companies must:
- Provide a clear benefit to the ratepayers of Connecticut.
- Involve renewable or clean energy technologies, as listed below.
- Offer financial returns commensurate with the risk level.
CCEF will invest in the following renewable and clean energy technologies:
- Fuel cells
- Landfill gas
- Low-emission biomass conversion
- Ocean thermal energy
- Solar
- Wave or tidal energy
- Wind
- Emerging non-fossil, non-nuclear technologies
Since its inception in 1998 through June 2007, the CCEF has provided $75.4 million to fund projects and initiatives.
If you are interested in developing a landfill gas energy project in Connecticut or in a market beneficial to Connecticut utility customers, submit your business plan to the address listed below. Your business plan should include (at a minimum):
- The extent of your market research.
- A marketing strategy for your business, product, or project.
- The experience of your management team.
- The technical characteristics of the product or project.
- Financial projections.
CCEF will acknowledge receipt of your materials, and contact you to discuss your project.
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