“The main reason the grant was pulled was because last year DOE decided they needed a tight schedule on financing -- they wanted a much quicker closing than what was anticipated by the Chinese,” Klann said. “In terms of getting the grant reinstated, we’re in the process of doing that right now.”
That is not why they pulled the grant. Politics entered the scene. But the outcome is as you say... didn't happen and they failed to find alternative sources of capital.