Global Trade Alert
Global Trade Alert

United States of America: DOE provides a USD 585 million loan guarantee to Convergent Energy and Power Inc for solar and battery storage projects in Puerto Rico

Announcement

17 Jan 2025

In January 2025, the U.S. Department of Energy’s Loan Programs Office announced a loan guarantee to Convergent Energy and Power Inc for solar and battery storage projects in Puerto Rico.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

17 Jan 2025

Revocation date:

No revocation date

Loan guarantee In force

On 17 January 2025, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) approved a USD 584.5 million loan guarantee to Convergent Energy and Power Inc (Convergent). This funding will supp...

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