Compressed Natural Gas (CNG) Project Loans
Archived: 08/01/2015
The Louisiana Department of Natural Resources (DNR) administers a revolving loan program to encourage the development, implementation, and deployment of cost-effective projects, including those involving CNG vehicles and fueling infrastructure. The revolving fund is also intended to create additional employment opportunities and other economic development benefits. Up to $3,000,000 will be available for low-interest rate loans for eligible entities to implement qualified projects. For more information, including program guidelines and application materials, see the DNR Request for Loan Proposals website. (Reference Louisiana Revised Statutes 33:1419.1-33:1419.6)
Jurisdiction: Louisiana
Type: State Incentives
Enacted: Jun 8, 2010
Amended: Sep 30, 2011
Technologies: Aftermarket Conversions, Biodiesel, Ethanol, EVs, Natural Gas, PHEVs, Propane (LPG)
See all Louisiana Laws and Incentives.