On July 3, 2014, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) issued the final version of its Renewable Energy and Efficient Energy Projects Solicitation. As discussed in our previous WSGR Alert regarding the draft version of this solicitation, guaranteed loans made available pursuant to this solicitation will support energy and energy-related projects that reduce greenhouse gas emissions and support the commercialization of innovative new technologies that are replicable in their respective markets.

The final solicitation and accompanying guidance from the LPO follows a public comment period held since the draft solicitation was published on April 16, 2014. The following is a summary of important changes and updates since the draft solicitation was issued and should be read in conjunction with the previous WSGR alert referenced above.