Washington, DC - Energy Secretary Steven Chu today announced the offer of a $245 million conditional loan guarantee to Red River Environmental Products, LLC to build an activated carbon (AC) manufacturing facility near Coushatta, Red River Parish, Louisiana. The company expects to create 500 jobs during construction and 70 jobs once the plant is fully operational.
WASHINGTON, DC - Today, Energy Secretary Steven Chu announced the issue of a final rule amending the Department of Energy's regulations for its Loan Guarantee Program. The revised rule will allow for increased participation in the program by financial institutions and other investors and enable the support of more innovative energy technologies in the United States.
WASHINGTON, DC - Over the course of this year, the Department of Energy has worked closely with USEC on its loan guarantee application. This summer, the Department made several announcements related to USEC and its application, and is providing an update on those announcements at this time.