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New Geothermal System at University of Science and Technology
Photo Credit: Courtesy of the Borrower

Rolla Renewable Energy Company, LLC

Rolla, MO
September 2013

Replaces an aging steam plant on the campus of the Missouri University of Science and Technology with a new geothermal system that will serve as the primary heating source on campus and provide significant energy savings to the University.

 

Project Facts:

CCML Financing: 
$20,000,000
Financing Program: 
Federal New Markets Tax Credits
Tax Credit Investor(s): 
U.S. Bancorp Community Development Corporation
Other CDEs: 
One Partner CDE
Learn more about Missouri S&T's conversion to Geothermal

Community Benefits:

Permanent Jobs Created/Retained: 
11
Construction Jobs Created: 
3
Other Benefits: 
$320,000 for scholarships/educational programs