Clean Energy Projects Stymied By Financing Costs, Sens. Told

Law360, New York (July 18, 2013, 4:18 PM EDT) -- Clean energy innovation projects — especially prone to fundraising shortfalls because of the risks they pose to banks and investors — could escape this “valley of death" if they had lower financing costs, private sector and government energy financing leaders told a Senate panel Thursday.

Financing in the clean energy sector can be prohibitively expensive, particularly for early-stage projects, in part because the relatively unproven technology they often involve poses risks that may scare off investors as well as banks under increasing pressure to be cautious...
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