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DOE Window Reopens for Renewable Energy Loan Guarantees

Learn about the types of renewable energy projects eligible for federal loan guarantees as well as due dates for applications from our expert Bloomberg BNA author.

 

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By Kenneth Hansen 

The Department of Energy has reopened the window for companies to apply for federal loan guarantees for renewable energy projects. An estimated $4 billion in financing will be made available. Kenneth Hansen, a partner with Chadbourne & Parke LLP, discusses the types of projects the Energy Department will consider, the terms and costs of loans, credit subsidy costs, the bar on double-dipping, application fees and the application process. The due date for the first round of loan guarantee applications is Oct. 1, followed by four more deadlines, the last of which is Jan. 14, 2015.

 


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