Sentences with phrase «in loan guarantees»

In the Magnolia State, people are starting to refer to KiOR as the «Solyndra of the South» — a reference to the solar power company that did receive $ 536 in loan guarantees from the Department of Energy.

In a major boost for renewable energy, Washington has announced up to US$ 30b ($ 20.4 b) in loan guarantees for renewable energy projects.

Solyndra had opened a $ 700 million manufacturing facility, received half a billion dollars in loan guarantees from the Department of Energy, and was publicly touted by President Obama.

This weekend, President Obama doled out $ 1.45 billion in loan guarantees for Abengoa's 250 - megawatt solar thermal plant with molten salt storage in Gila Bend, Arizona.

Two new nuclear power plants have been granted $ 10.3 billion in loan guarantees.

Solyndra received more than $ 500 million in loan guarantees from the Department of Energy before filing for bankruptcy, putting 1,000 - plus workers out of their jobs.

A carbon tax is an even more ambitious green industrial policy than the $ 34.5 billion in loan guarantees lavished by the Department of Energy (DOE) on a few dozen renewable energy projects.

The solar company in Fremont, California, that filed for Bankruptcy after receiving a $ 535 million loan guarantee from the Obama administration under dubious circumstances, hasn't even been auctioned off and already it's looking like we have another contender for a similar failure after receiving $ 1.2 billion in loan guarantees from the Obama administration.

More recently, the Obama administration announced up to $ 4.5 billion in loan guarantees to support commercial - scale deployment of electric vehicle charging facilities.

We have worked with Congress to make available more than $ 40 billion in loan guarantees to support investments that will avoid, reduce, or sequester greenhouse gas emissions or air pollutants.

-LRB-...) Solana and Mojave were both financed by the U.S. Federal Financing Bank, and received a combined $ 2.65 billion in loan guarantees from the U.S. Energy Department.»

And the DoE has offered at least $ 8 billion in loan guarantees for coal - fired power plants with CCS.

The DoE issued $ 6.5 billion in loan guarantees for two new Westinghouse AP1000 nuclear reactors already under construction at the Vogtle Electric Generating Plant in Georgia in February.

Lord Mandelson, the business secretary, offered his first subsidies to protect British industry from the ravages of the recession when yesterday he unlocked # 2.3 bn in loan guarantees for the ailing car industry, including # 1.3 bn in loans from the European Investment Bank.

Kasschau said he started at Harris Beach in September 2014 and had no involvement in the loan guarantees.

Oyster Bay Town Supervisor John Venditto hasn't given board members details about a proposal he announced more than a month ago to get the town out from under $ 20 million in loan guarantees extended on behalf of indicted restaurateur Harendra Singh, three board members said.

Venditto's lawyer says in court papers that the former supervisor was a victim of a scheme orchestrated by Singh, Deputy Town Attorney Fred Mei and Harris Beach to obtain millions of dollars in loan guarantees for Singh.

In the next few weeks, the Department of Energy will issue a draft of a plan for $ 8 billion in loan guarantees for alternative energy projects, according to the White House blueprint.

In early September, Solyndra ceased operations, laying off 1,100 staff and dooming the U.S. government's hopes of recovering more than half a billion dollars in loan guarantees offered to the company as part of the 2009 stimulus plan.

And when I picked up the lid, looked in, and saw the assets there, I was amazed: $ 90 billion, now $ 100 billion, in loan guarantees, 900 small business development centers, 12,000 SCORE volunteers and 100 district offices.

Businesses owned by Latinos, African - Americans, and women have seen an enormous decrease in availability of credit - both in loans guaranteed by the Small Business Administration and conventional loans.

The company said it had been «at the finish line» in the loan guarantee process and that Constellation had withdrawn «in spite of our repeated efforts to substantially decrease their exposure and risk to the project.»

Under a loan guarantee, the DOT commits to pay to the guaranteed lender, upon the occurrence of a payment default by the borrower, the full amount of the defaulted payment, as specified in the loan guarantee agreement.

The DOT will monitor the borrower and the guaranteed lender according to the conditions and requirements specified in the loan guarantee agreement.

Unlike FHA - backed mortgages, the risk contained in loans guaranteed by private MI is not 100 % exposed to the government and taxpayers.

Lenders are encouraged to plan for the changes because, as mentioned previously, some RHS offices are experiencing extreme backlogs in loan guarantee delivery.

• Makes up to $ 8 billion in loan guarantee authority available for a wide array of advanced fossil energy and efficiency projects to support investments in innovative technologies;

Officials in the loan guarantee program, a centerpiece of the Obama administration's energy policy, told auditors that they based their loan decisions «on the professional judgment of experienced staff,» the report said.

The collapse of Solyndra in the DOE's loan guarantee program provides an important lesson: that even though well over 90 % of the DOE's projects in their loan guarantee portfolio fully repaid their loans, the failure of a single company (i.e Solyndra) had incredibly damaging effects to the public perception of government support for the entire field clean energy.

This same sense of perseverance must hold true for the energy sector, which Congress recognized when it allocated those dollars in the loan guarantee program and DOE continues to recognize as evidenced by its SunShot Initiative.

Not exact matches

Karen G. Mills, the head of the U.S. Small Business Administration, talks about the agency's 2011 record year in small - business loan guarantees, helping to fill gaps when banks were reluctant to lend.

In the fog of crisis the government committed $ 14 trillion of taxpayer money to various aspects of the financial system, mostly via outright purchases and loan guarantees.

The 7 (a) portfolio of loans is currently worth $ 100 billion, and in 2013 the SBA helped guarantee loans worth about $ 30 billion, in part, by convincing more small banks to make them.

These are the SBA's flagship 7 (a) loan program, which gives 5,000 banks participating in the program access to loan guarantees by the federal government.

In fact, even the local SBA staff, Baskerville recounted, put him off when he called for financing advice — inexplicably, he was told that restaurant loans are difficult to guarantee.

The Small Business Administration isn't expecting to slow down its pace of guaranteeing loans in the wake of the sequester, says outgoing SBA - chief Karen Mills.

Due to sequestration, the forced federal budget cuts that took effect Friday, the SBA is expected to lose the ability to guarantee 1,928 fewer loans totaling $ 902 million in capital in the hands of entrepreneurs.

Despite more than paying for itself — by its own reckoning, Ex-Im Bank has returned $ 7 billion to the U.S. Treasury in the last two decades through interest on guaranteed loans and credit insurance — the 80 - year - old government - run financial institution is a sunset agency.

In 2012, for example, the bank guaranteed $ 36.5 billion worth of loans.

In 2011, the SBA guaranteed more than $ 30 billion in loans to more than 60,000 small businesses, setting a record for the agencIn 2011, the SBA guaranteed more than $ 30 billion in loans to more than 60,000 small businesses, setting a record for the agencin loans to more than 60,000 small businesses, setting a record for the agency.

To get the province to give ground, Ottawa initially tried tying a billion - dollar federal loan guarantee for the Muskrat Falls hydro project to a change in the fish - processing rules.

The other option is SBA - guaranteed loans, which come in two forms: the 7 (a) program and the 504 program.

According to a recent study, impact investing in the US would not exist without the support of and partnership with the federal government through grants, loans, and guarantees.

The SBA has subsequently set new records in various loan guarantee categories since the mid-1990s.

In fiscal year 2005 the SBA made or guaranteed $ 19 billion worth of loans to small businesses, the most in its historIn fiscal year 2005 the SBA made or guaranteed $ 19 billion worth of loans to small businesses, the most in its historin its history.

The Export Working Capital Program (EWCP) guarantees loans for qualified small businesses engaged in export transactions.

McClendon had used his interest in the Thunder to personally guarantee a loan from private investment firm Oaktree Capital Management LP to a subsidiary of AEP, according to a person familiar with the matter.

Over the past two or three years a bloody shakeout has occurred, with many solar manufacturers going bankrupt, including some in the U.S. (like Solyndra, which received $ 535 million in Department of Energy loan guarantees).

Finally, the bill allows the SBA to guarantee small loans to small firms through September 30, 2010, in order to pay down existing non-SBA loans.

As long as they stayed in school, they'd be guaranteed a job and loaned a bike to lead G Adventures tours.