The UK government launched a new loan guarantee programme for UK businesses—the Coronavirus Large Business Interruption Loan Scheme (CLBILS)—intended to plug the gap by providing loan guarantees for medium and large...more
The U.S. Department of Veterans Affairs recently issued Circular 26-19-23to provide interim guidance on the provisions of the Blue Water Navy Vietnam Veterans Act of 2019 (Blue Water Act) that affect VA’s Loan Guaranty...more
• The U.S. Department of Energy (DOE) has opened the doors of its much anticipated Tribal Energy Loan Guarantee Program (TELGP), which can guarantee up to $2 billion in loans to support economic opportunities for American...more
Entities engaged in the business of loan solicitation are now required to be licensed with the Vermont Department of Financial Regulation following the recent enactment of Act 22. Loan comparison websites, lead generators,...more
The Loan Program Office (“LPO”) of the U.S. Department of Energy (“DOE”) recently introduced a number of important updates to the Loan Guarantee Solicitation for Applications for Renewable Energy and Energy Efficiency...more
Western Security Bank brought an action in the United States District Court for the District of Montana against certain doctors seeking to enforce commercial loan guaranties. The doctors asserted that a non-party, Meridian...more
The U.S. Department of Energy (DOE) recently announced that it will make $1 billion available for distributed energy project loan guarantees. DOE issued supplements to the existing loan guarantee solicitations for Advanced...more
Renewable Energy Focus - Obama adds $1 billion in loan guarantees for clean energy: Bloomberg - Aug 24: President Barack Obama will announce on Monday a $1 billion increase in loan guarantees for renewable energy...more
President Barack Obama announced on August 24, 2015, additional steps taken to increase the adoption of renewable energy. Among other things, the set of executive actions announced on Monday include making $1 billion in...more
On July 16, 2015, the U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that USDA is accepting applications for loan guarantees up to $250 million through the Biorefinery, Renewable Chemical, and Biobased...more
In a series of three decisions published on March 30, 2015, the U.S. District Court for the District of Columbia has dismissed appeals brought by Delta Air Lines and other plaintiffs against the U.S. Export-Import Bank...more
During the “Use of WIFIA” breakout session at the NCPPP P3 Connect conference this week in Denver, Elizabeth Corr, Associate Division Director for the EPA, confirmed that the agency will not need to complete the formal...more
On July 3, 2014, the United States Department of Energy’s (DOE) Loan Programs Office issued a new “Renewable Energy and Efficient Energy” solicitation for loan guarantees. DOE issued the Renewable Energy and Efficient Energy...more
The Department of Energy recently announced a $4 billion loan guarantee program for renewable energy projects. Targeted areas include waste to energy, grid integration and storage, drop-in biofuels, energy efficiency...more
On May 7, 2014, the U.S. Department of Energy's (DOE) Inspector General (IG), Gregory H. Friedman, issued an audit report on "Implementation of Recommendations from the January 2012 Independent Consultant's Review of the...more
On April 16, 2014, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) issued a draft loan guarantee solicitation for renewable energy and efficient energy projects and facilities. The draft solicitation is...more