New Markets Tax Credit Coalition

Energ2

Energ2 used NMTC financing to finance a facility a new production line.

Investment

  • NMTC Amount: $31,640,000
  • Total Project Cost: $197,807,015

IMPACT

  • 35 FTE jobs
  • 30 construction jobs

CDEs

Investor

Project Description

EnerG2 designs and manufactures nano-structured carbon materials that store and release energy faster than existing batteries. The company’s innovative technology results in cost-effective, clean and reliable energy storage. This is prized by the makers of electric car batteries, the primary customer of EnerG2.

The company used NMTC financing to finance a facility a new production line.

MAP

Address: 3000 Calapooia Street, Albany, OR 97322

Census Tract: 41043020802

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NMTC financing supported a beverage manufacturing, helping them maintain environmentally responsible practices in their facilities office and conduct audits of it’s manufacturers for the same. New jobs created by this

Provided $3,000,000 construction loan to build shell for a co-op grocery store in Astoria, Oregon.