Alabama Energy Infrastructure Bank (AEIB)

Alabama — state programSee program

A flexible financing mechanism for power infrastructure tied to industrial growth and job creation. It funds energy infrastructure expansion to power up sites statewide, ensures grid reliability and resilience, and leverages state funds to unlock private and federal investment without raising taxes.

Program details

Type: loan
Eligibility: Energy infrastructure projects tied to industrial growth and job creation; a significant portion directed to rural Alabama.
Status: upcoming
Administrator: State Industrial Development Authority
More Info: https://governor.alabama.gov/newsroom/2025/05/governor-ivey-signs-powering-growth-plan-into-law-to-secure-energy-dominance-for-future-growth/

Source: Alabama — state program. Confirm current terms with the administering agency before applying.

Where it applies

Alabama

Find out whether your facility qualifies

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