Thursday, June 13, 2024

Live Oak Bank surpasses $1B in renewable energy loans

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WILMINGTON, N.C. — Live Oak Bank has reached a milestone in providing more than $1.2 billion in renewable energy financing for solar and bioenergy projects in rural communities nationwide.

Live Oak is the largest USDA lender in the country, according to 2020 data from the USDA, and made its first renewable energy loan in 2016. The Energy & Infrastructure lending team at Live Oak is committed to supporting renewable energy projects that create a cleaner environment and more sustainable future.

“Live Oak Bank is proud to serve American business owners who are creating climate-smart systems that ultimately lower. . .

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