Can improvements to a brownfield be considered when filing for a 1603 grant?
Thursday, May 5th, 2011
Question:
In a brownfield repowering, is the brownfield facility part of the eligible basis for the grant or only the “improvements”. For example, if I bought a mothballed facility for $10mm, and then put $10mm more into it to get it running, is the basis for the grant $10mm or $20mm??
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