Feds Back $1.3B, 845 MW Wind Farm Loan | EarthTechling

Feds Back $1.3B, 845 MW Wind Farm Loan | EarthTechling: "As for the loan, this project represents the largest to date to “receive an offer of a conditional commitment for a loan guarantee under the Financial Institution Partnership Program (FIPP), a Department of Energy program supported by the American Recovery and Reinvestment Act.” The $1.3 billion loan is expected to be funded by a group of institutional investors and commercial banks led by Citi, as lender-applicant and joint lead arranger, and three other joint lead arrangers."