United States. Congress

“ MAXIMUM INVESTMENT.— A company shall not make an Energy Saving qualified investment in any one entity in an amount equal to more than 20 percent of the private capital of that company. ‘‘ (III) OTHER TERMS.— The exclusion of amounts under clause (i) shall be subject to such terms as the Administrator may impose to ensure that there is no cost (as that term is defined in section 502 of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a) ) with respect to purchasing or guaranteeing any debenture involved.’’. ”

“ Loans for Plant Projects Used for Energy-Efficient Purposes.— Section 502 (2) (A) of the Small Business Investment Act of 1958 (15 U.S.C. 696 (2) (A) ) is amended— (1) in clause (ii) by striking `and' at the end; (2) in clause (iii) by striking the period at the end and inserting a semicolon; and (3) by adding at the end the following:
‘‘ (iv) $4,000,000 for each project that reduces the borrower's energy consumption by at least 10 percent; and ‘‘ (v) $4,000,000 for each project that generates renewable energy or renewable fuels, such as biodiesel or ethanol production.'. ”

“ Eligibility.— A company is eligible to apply to be designated as a Renewable Fuel Capital Investment company if the company— ‘‘ (1) is a newly formed for-profit entity or a newly formed for-profit subsidiary of an existing entity; ‘‘ (2) has a management team with experience in alternative energy financing or relevant venture capital financing; and ‘‘ (3) has a primary objective of investment in smaller enterprises that research, manufacture, develop, produce, or bring to market goods, products, or services that generate or support the production of renewable energy. ”