The Illinois Finance Authority (IFA) is pleased to announce the awardees from the second round of its Grid Resilience Grants program; the press release announcing these awards can be found here. The program is funded by the U.S. Department of Energy under Section 40101(d) of the Bipartisan Infrastructure Law. The mission of the Energy Department is to ensure America’s security and prosperity by addressing its energy, environmental and nuclear challenges through transformative science and technology solutions. Learn more at energy.gov.
As of October 25, 2024, the U.S. Energy Department has awarded nearly $1.3 billion through Grid Resilience State and Tribal Formula Grants program. The IFA, in its role as the Illinois Climate Bank, received $24,549,822 in obligated funds from the Department of Energy for the first three years of the program. Awardees from the Illinois Climate Bank’s first two rounds of competitive applications, submitted in Spring 2024 and 2025, are listed below.