Alternative Energy Loan Guarantee Program Webcast
John Gimigliano, Principal, KPMG Washington National Tax practice; Jeremy Panacheril, Leads the US Commercial Due Diligence to the Cleantech and Renewable Energy Market at KPMG LLP; Gary Klein, Partner, Federal Affairs and Legislative Practice of DLA Piper. | Feb. 06, 2010 | 11:00am ET
Global Energy Institute
This Webcast is dedicated to discussing the energy loan guarantee program. The U.S. Department of Energy (DOE) has recently released guidance for companies trying to secure tax credits and loan guarantees. The DOE's Loan Guarantee Program paves the way for federal support of clean energy projects that use innovative technologies and spurs further investment in these advanced technologies.
Established under Title XVII of the Energy Policy Act of 2005, the Secretary of Energy is authorized to make loan guarantees to qualified projects in the belief that accelerated commercial use of these new or improved technologies will help to sustain economic growth, yield environmental benefits, and produce a more stable and secure energy supply.
This Webcast was moderated by John Gimigliano, a principal in KPMG's Washington National Tax practice. The panel also included Jeremy Panacheril, who leads US Commercial Due Diligence to the cleantech and renewable energy market at KPMG LLP; and Gary Klein, who is a Partner in the Federal Affairs and Legislative Practice of DLA Piper.
The Webcast discussion includes:
- Fundamentals of the 1703 and 1705 solicitations
- Key financing considerations
- Application process, fees and timing
- DOE's acceptance criteria and weighting
- Pre-qualified lender program
- Approaches to differentiating your application