EnergyTech Transition NL - Feb 21st, 2025

DOE delivers on $782M First Tranche of Sustainable Aviation Fuel loan

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Montana Renewables Finally Receives $782M First Tranche of Delayed DOE Loan to Fund Sustainable Aviation Fuel Project

The money is part of a $1.44 billion DOE Loan Programs Office guaranteed loan facility. Once President Trump released an executive order promising to freeze renewable energy funding decisions, DOE opted to briefly delay the first tranche of that loan facility while awaiting clarity on the order.

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