#156of 1,000 in 2025

Colorado Clean Energy Fund

Location
Denver, Colorado
Sector
Environment
Founded
2018
900%Three-year growth, FY2022 to FY2025
$34.3MFY2025 revenue
18Employees, FY2025
#11of 66 in Environment
#5of 31 in Colorado

Revenue by fiscal year

FY2022: $3,426,059 $3.4M FY22 FY2023: $1,777,421 $1.8M FY23 FY2024: $6,211,732 $6.2M FY24 FY2025: $34,265,048 $34.3M FY25

Where revenue came from, FY2025

Government grants
$31.9M · 93%
Program revenue
$2.4M · 7%
Gifts and grants
$5K · 0%
Total revenue on the 990
$34,801,464
Investment income
− $536,416
Revenue we count
$34,265,048

What it does

Ccef connects individuals and organizations to the capital they need to pursue projects and bridge reimbursable incentives. We offer flexible, below-market-rate financing designed specifically to address clean energy finance gaps.

Ccef commercial loans are designed to address finance gaps for clean energy and energy efficiency improvements that result in reduced costs and emissions and increased electrification and domestic energy generation. In 2025, ccef financed 16 commercial projects, deploying $40 million in direct lending and mobilizing $110 million in total investments. These projects created 1.0 mw of domestic energy production. Not included in the revenue total above is $31,878,876 in government grants.
Ccef's residential programs are designed to help colorado homeowners invest in energy efficiency upgrades that reduce utility costs, increase electrification, and increase clean, domestic energy production. During 2025, ccef closed 552 loans, serving 49 counties in colorado mobilizing more than $15 million in investments. Through the electrify and save program, ccef funded 83 on-bill repayment loans, deploying more than $1 million in direct lending. These projects created 2.5 mw in domestic energy production. Not included in the revenue total above is $37,837 in government grants.

Leadership

Paul ScharfenbergerChief Executive Officer
David HarrisChief Operating Officer
Kaitlyn WyckoffChief Programs Officer
Anna MoonVice President of Business Development
Kelly BoyleDirector of Credit

EIN 32-0586861 · Full filings on ProPublica

Want to share your story?

We’d love to hear your story of growth.

Share your story