MN SF4142

Expands the Minnesota Climate Innovation Financing Authority's general powers to include borrowing money or property for any purpose related to its activities and selling notes, mortgages, or other loan-related interests at public or private sale

Adds authority to secure additional private investment through securitization or similar resale of the authority's interest in completed qualified climate projects

Amends Minnesota Statutes 2024, section 216C.441, subdivisions 3 and 4, to provide these additional financing mechanisms

Maintains existing powers including entering loan guarantee agreements, providing credit enhancements, co-investing in projects, and aggregating small projects to diversify risk