27 Aug '15, 7pm

Distributed Energy at Center of DOE’s New $1B Loan Guarantee Fund

Distributed Energy at Center of DOE’s New $1B Loan Guarantee Fund

Typically, each installation or facility in a Distributed Energy Project would be too small, if individually financed, to benefit from a DOE-guaranteed loan due to the transaction costs associated with the financing and DOE’s participation. However, under certain circumstances, DOE may issue loan guarantees to support the financing of an aggregation of such installations and facilities, permitting the borrower to access financing under a single arrangement for the multiple installations of the applicable facilities. A Distributed Energy Project using Distributed Technology will constitute a single Project under Title XVII and the 1703 Regulations because the aggregation of installations and facilities at multiple locations are integral components of a master business plan, necessary to the viability of the Project.

Full article: http://www.greentechmedia.com/articles/read/distributed-e...

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