A Director Brings Star Power to a Federal Loan Program Waiting to Shine
Published on May 4, 2021
The federal Loan Program Office, within the Department of Energy, exists to help finance pioneering companies that can't yet draw hefty private capital. After a political upset sent the office into deep freeze, it revived in the past several years. Now, a new director with a reputation as an investor, analyst and advocate aims to lift the office's performance in line with the Biden Administration's decarbonization goals. We talk to former officials and current observers about what might happen next.