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U.S. finalizes loan aid for two solar plants

Wednesday, September 28, 2011

The U.S. Energy Department finalized loan guarantees for two major solar projects today, as the deadline loomed for the government's renewable-energy incentive program. The government wrapped up deals that would back $737 million in financing for a solar thermal plant sponsored by privately held SolarReserve and $337 million in financing for a Sempra Energy photovoltaic solar project.
With funding for the government's loan program set to expire at the end of the week, investors have been

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