You have a unique opportunity to tap into a $45 million fund designed to enhance waterfront facilities for offshore wind energy projects in California. This funding can help you upgrade your infrastructure, making it more efficient and environmentally friendly. The program supports a variety of activities, including developing retrofit plans, final designs, environmental studies, and construction.

By participating, you're not just investing in your business, you're also contributing to California's clean energy goals. Approved applicants enjoy funding that does not need to be repaid immediately, allowing you the freedom to focus on growth. You will have until June 30, 2029, to utilize the funds, giving you plenty of time to make a positive impact on your operations.

This program aligns with sustainable energy initiatives and positions your business as a leader in the green movement. It's a win-win—boost your business while supporting a healthier planet. Don't miss the chance to enhance your operations while doing your part for the environment.

Type of Financing
The financing provided is a grant. This means that you do not have to repay the funds, as long as you use them for the eligible expenses outlined by the program.

Repayment and Terms
Since this is a grant, there are no repayment terms or interest rates. You receive the funds to improve your offshore wind infrastructure without the worry of paying it back later.

Eligible Expenses
Eligible expenses include:

• Developing individual or regional retrofit concepts and investment plans (Category I activities).
• Final design, engineering, environmental studies, and construction of retrofits (Category II activities).
• Cost share funding if you receive a federal award for activities consistent with Categories I or II.

Ineligible Expenses
The funds cannot be used for expenses not related to offshore wind infrastructure improvements.

Fees
There are no fees associated with this program. You can access the funds without additional costs.

• Location: Must be based in California.
• Sectors: Open to all sectors.
• Employees: No minimum or maximum employee requirements.
• Company Revenue: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications: None specified in the provided context.

You have a chance to tap into a $45 million fund aimed at improving waterfront facilities for offshore wind energy projects in California. This funding will help your business enhance infrastructure related to clean energy. By participating, you can upgrade your facilities, making them more efficient and eco-friendly.

The money can be used for a variety of purposes, including developing retrofitting plans, final designs, environmental studies, and even construction. If your business is awarded funds, you won’t have to pay them back immediately. The California Energy Commission must spend or commit these funds by June 30, 2025, and you’ll have time until June 30, 2029, to use the money.

This program not only supports your growth but also aligns with California's goals for sustainable energy. By investing in your infrastructure, you're not only boosting your business but also contributing to the state's clean energy transformation. It's a win-win for your business and the environment.