Natural Gas Infrastructure Loans
The Wyoming Business Council (Council) can issue loans to businesses for the cost of the engineering, design, real property, equipment, and labor necessary to install a natural gas fueling station. The loan may cover 75% of the total project cost, up to $1 million. Businesses receiving a loan do not have to pay interest or principal payments for the first two years of the loan term. When considering loan applications, the Council will consider existing fueling infrastructure and the volume of private and government fleet vehicles in the geographic area. For more information on loan requirements and applications, see the Council’s Loan Programs website.
(Reference Wyoming Statutes 9-12-301 through 9-12-304)
Type: State Incentives
Enacted: Feb 22, 2013
Technologies: Natural Gas
See all Wyoming Laws and Incentives.