Congress Eyes $20.5B In Nuclear Loan Guarantees

Law360, New York (December 17, 2007, 12:00 AM EST) -- An omnibus funding bill expected to be approved by Congress this week will contain a measure extending the Department of Energy's loan guarantee program to continue for at least two more years and authorizing the DOE to extend $38.5 billion in loan guarantees to help fund areas like nuclear energy and clean coal technology, according to the ranking member of the Senate's Energy & Natural Resources Committee.

Sen. Pete Domenici (R-N.M.) said Monday that lawmakers had reached a deal that would allow the loan guarantee program,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.