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U.S. Department of Energy To Bring $40B Cash to POWER-GEN International
Renewable Energy World: After wallowing in limbo for the first part of 2018 awaiting re-authorization, the Loan Program Office (LPO) at the Department of Energy is back in business with about $40 billion burning a hole in its proverbial pocket. Mike Reed, Director and Chief Engineer of the Technical and Project Management Division of the LPO and his team are planning to hit POWER-GEN 2018 in Orlando, Florida in December to identify people and projects that might need financing.
The LPO was created by Congress in 2005 to assist with the deployment of innovative, commercially ready technologies by providing loans or loan guarantees where they might otherwise not be available.
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