Financial Institution Partnership Program
By Nathanael Baker on September 7, 2010
Tags: American Recovery and Reinvestment Act, Blue Mountain geothermal project, Faulkner 1 goethermal power plant, FIBB, Financial Institution Partnership Program, John Hancock Financial Services, loan guarantee, Nevada, Nevada Geothermal Power Inc., NGP, OTCBB:NGLPF, TSX.V:NGP, U.S. Department of Energy, U.S. geothermal power, Fianance
Nevada Geothermal, Inc. (TSX.V:NGP, OTCBB:NGLPF) has announced it has secured a US$98.5 million loan from John Hancock Financial Services with the U.S. Department of Energy acting as loan guarantor for 80% of the amount.
By Bill DiBenedetto on October 13, 2009
Tags: USD, biofuels, biomass, DOE, Financial Institution Partnership Program, financing, FIPP, geothermal, geothermal power, government funding, hydropower, loan guarantee, solar, solar power, steven chu, U.S. Department of Energy, wind, wind power, biofuels, Department of Energy, energy, Steven Chu
The Department of Energy is launching a new loan guarantee program that will provide $750 million in Recovery Act spending as seed money designed to help accelerate the development of conventional renewable energy projects.
