State launches green loan programs

DENVER — Colorado has created two loan programs intended to bolster green businesses in the state.

One program will provide approximately $13 million to finance energy efficiency and renewable energy projects, while the other could help more than 160 businesses get money to pay to make their offices or manufacturing facilities more energy efficient.

Gov. Bill Ritter announced the programs Tuesday morning at the State Capitol.

The Governor’s Energy Office Revolving Loan Program will disburse loans greater than $100,000 to companies working on products that directly impact the renewable energy sector or have projects that promote energy efficiency and renewable energy, a press…