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Lee County is set to become a renewable energy hub with over $400 million in investments, creating thousands of jobs and economic growth opportunities. Explore funding opportunities and private investments enabling this transformation.
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All Eyes on Lee County: A Future Hub for Studies of Renewable Energy
Projected investment over 10 years: Research Grants: $100,000,000 I-HUB Construction: $308,500,000 Total: $408,500,000 Projected Economic Impact in Lee County over 10 years*: Research Grants: $167,300,000 I-HUB Construction: $539,000,000 Total: $706,300,000 *based on RIMSII model multipliers, US Bureau of Economic Analysis
Projected Job Impacts in Lee County over 10 years*: Research Grants: 1,300 I-HUB Construction: 4,580 Total: 5,880 *based on RIMSII model multipliers, US Bureau of Economic Analysis
Funding Opportunities • Federal Appropriation • US Department of Commerce • US Department of Energy • Energy Efficient Building Systems Design • Florida Clean Energy Grants • Florida Energy Opportunity Fund • National Institute of Standards and • Technology – Science and Engineering
Private Partnership • Private Equity in I-Hub • $21.4 million 538-acres Including Mitigation • $ 1.0 million Endowment Chair • $ 2.0 million 5-acres Research Property • $ .6 million Engineering and Permitting • $25 millionTotal Private Investment
Lee County: Turning the Vision of Renewable Energy into an Economic Reality