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Export-Import Bank Awards Millions to Spanish Green Energy Company | |
2013-09-27 | |
[FREEBEACON] The U.S. Export-Import Bank (Ex-Im) steered another taxpayer-backed loan toward a green energy firm that shares an advisory board member with the bank. The Ex-Im Bank recently authorized a pair of loans totaling $33.6 million to Abengoa--a Spain-based energy company--that will fund the export of American-made products for use in solar projects in Spain and South Africa. Former New Mexico Gov. Bill Richardson (D.)
The Ex-Im Bank did not immediately respond to request for comment on Richardson's involvement in the loan. The Ex-Im Bank said its financing will support approximately 200 U.S. jobs. "Ex-Im Bank's consistent support of renewable-energy projects demonstrates our commitment to supporting high-skilled jobs in an important homegrown industry and improving the environment," said Ex-Im Bank chairman and president Fred P. Hochberg in a statement. "In addition to contributing to cleaner sources of energy and supporting U.S. jobs, these two transactions will support President Obama's goal of doubling access to power in sub-Saharan Africa." | |
Posted by:Fred |
#2 Note the convenient D.C. office: United States Washington, DC +1 (202) 857-7812 1909 K Street, NW, Suite 840, Washington, DC 20006 |
Posted by: Besoeker 2013-09-27 06:01 |
#1 The tower brings 35 new jobs to the thriving Pofadder community. |
Posted by: Besoeker 2013-09-27 05:56 |