Program supports renewable energy projects.

AuthorPounds, Nancy
PositionInside Alaska Business

The Alaska Industrial Development and Export Authority has qualified to participate in the U.S. Department of Energy's Section 1705 Loan Guarantee Program for Commercial Technology Renewable Energy Projects. Energy Department officials reviewed AIDEA's underwriting ability and Alaska Energy Authority's ability for technical analysis of renewable energy projects. The Alaska agencies met DOE criteria to participate in the program. The partnership will allow AIDEA and the Energy Department to offer loan...

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