Alternative Financing Options For Innovative Energy Projects

Highlights

• With the stock and credit markets in turmoil and increasing economic uncertainty from the fallout of the global coronavirus (COVID-19) pandemic, the Trump Administration and Congress are trying to develop a number of legislative packages to stimulate the economy with federal funding programs.
• A stimulus package with energy-related provisions will not come to fruition for weeks to come; accordingly, it's more important than ever to look at pre-existing alternative options to private sector energy project financing.
• Several programs exist within the government where companies can turn, including the U.S. International Development Finance Corporation (DFC), Department of Energy (DOE), U.S. Department of Agriculture (USDA)  and expanded U.S. Small Business Administration Section 7(a) authority, to support and amplify any private financing strategy for energy-related projects.