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Latest Loan guarantee Stories

2011-07-13 09:08:00

COLUMBUS, Ohio, July 13, 2011 /PRNewswire/ -- Columbus-based Value Recovery Holding, LLC ("VRH") has been awarded up to a $53.8 million five-year contract to support the U.S. Department of Energy's Loan Program Office ("LPO"). The mission of the Loan Programs Office is to increase the supply of clean energy by issuing long-tenor loans and loan guarantees to accelerate the commercial deployment of innovative and advanced technologies at a scale that contributes meaningfully to the...

2010-08-05 05:00:00

Ford, Small Business Suppliers and Workers in 41 States to Benefit WASHINGTON, Aug. 5 /PRNewswire-USNewswire/ -- The Export-Import Bank of the United States (Ex-Im) has approved a $250 million working capital loan guarantee for Ford Motor Company in Dearborn, Michigan. The loan facility will finance $3.1 billion of export sales for over 200,000 vehicles being sold to buyers in Canada and Mexico. These exports represent 15 percent of Ford's 2009 production and the vehicles will be...

2009-08-28 13:50:00

WASHINGTON, Aug. 28 /PRNewswire/ -- USA Energy Advisors, LLC (USAEA) was awarded a five year program management contract on July 1, 2009 to administer the U.S. Department of Energy's federal process for awarding loan guarantees under Title XVII of the Energy Policy Act of 2005 as amended by the American Recovery and Reinvestment Act of 2009. A principal purpose of the program is to encourage early commercial use of new or significantly improved technologies in energy projects, as compared...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.