Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of SUSTAINENERGYFINANCE (the “Organization”) under programs of the federal government for the year ended December 31, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
The Organization received no non-cash assistance during the period presented.
The Organization received a loan from the Coalition for Green Capital under Assistance Listing Number 66.957 to support clean energy financing activities. The loan is subject to continuing compliance requirements, and accordingly, the amount of loans received during the year is included in the determination of federal awards expended in accordance with federal regulations. As of December 31, 2025, the outstanding balance of the loan payable to the Coalition for Green Capital was $9,908,333. In accordance with the terms of the loan agreement, the Organization deploys loan proceeds to third‑party borrowers for qualifying clean energy projects. As of December 31, 2025, loans to third‑party borrowers outstanding under this program totaled $1,980,000.