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ARTICLE · 17 JUNE 2015

Obama Administration And Private Partners Make A Clean Energy Push

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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Yesterday, the White House hosted a Clean Energy Investment Summit where Vice President Biden highlighted more than $4 billion in pledges from major foundations and long -term investors to fund climate change solutions.

United StatesEnergy and Natural Resources
Thomas Burton III
Thomas Burton III
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Yesterday, the White House hosted a Clean Energy Investment Summit where Vice President Biden highlighted more than $4 billion in pledges from major foundations and long -term investors to fund climate change solutions. Coupled with these commitments, the Obama administration also announced several executive actions to stimulate further private sector investments in clean energy technologies. Together, these initiatives surpass the Administration's earlier announced Clean Energy Investment Initiative goal of catalyzing $2 billion. Read on for more details about this exiting day for cleantech from Washington!

  • Private Sector Commitments: Many investors are making significant asset allocations to fund clean energy innovation. Goldman Sachs is targeting $500 million of financing and co-investments in companies that create advanced clean energy technologies, including smart grid infrastructure and advanced battery solutions. Additionally, a consortium of long-term

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