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Loans

June 10, 2010
Department of Energy Offers $102 Million Conditional Commitment for Loan Guarantee to U.S. Geothermal, Inc.

Oregon Project is First Geothermal Project to Receive Conditional Commitment

April 23, 2010
Department of Energy Announces Closing of $529 Million Loan to Fisker Automotive

Manufacturing at Shuttered Delaware GM Plant Expected to Create Over 2,000 Jobs

February 22, 2010
DOE Announces Nearly $1.4 billion in Conditional Loan Guarantees for BrightSource Energy

Innovative solar energy projects expected to create more than 1,000 jobs

February 16, 2010
President Obama Announces Loan Guarantees to Construct New Nuclear Power Reactors in Georgia

Conditional deal is major step towards restarting the domestic nuclear industry

December 9, 2009
Department of Energy Offers $245 Million Conditional Loan Guarantee to Red River Environmental Products

Washington, DC - Energy Secretary Steven Chu today announced the offer of a $245 million conditional loan guarantee to Red River Environmental Products, LLC to build an activated carbon (AC) manufacturing facility near Coushatta, Red River Parish, Louisiana.  The company expects to create 500 jobs during construction and 70 jobs once the plant is fully operational. 

December 7, 2009
Department of Energy Issues Final Rule on Loan Guarantees

WASHINGTON, DC - Today, Energy Secretary Steven Chu announced the issue of a final rule amending the Department of Energy's regulations for its Loan Guarantee Program. The revised rule will allow for increased participation in the program by financial institutions and other investors and enable the support of more innovative energy technologies in the United States.

November 10, 2009
DOE Announces New Executive Director of Loan Guarantee Program

Appointment will streamline review process and help speed economic recovery

October 27, 2009
US Energy Secretary Chu Announces $24 Million Loan for Tenneco Inc. for Advanced Vehicle Technology

Tenneco is Fifth Company to Receive Conditional Loan Commitment from DOE's Advanced Technology Vehicles Manufacturing Loan Program

October 15, 2009
DOE Update on USEC Cleanup, R&D, and Loan Guarantee Application

WASHINGTON, DC - Over the course of this year, the Department of Energy has worked closely with USEC on its loan guarantee application.  This summer, the Department made several announcements related to USEC and its application, and is providing an update on those announcements at this time.

August 4, 2009
Department of Energy and USEC Announce Decision to Delay USEC Loan Guarantee Application Final Review

Additional time will allow company to address financial and technical concerns about its application