Energy Department Finalizes $132 Million Loan Guarantee to Support the Abengoa Bioenergy Project
September 29, 2011 - 4:39pm
Washington D.C. – U.S. Energy Secretary Steven Chu today announced that the Department finalized a $132.4 million loan guarantee to Abengoa Bioenergy Biomass of Kansas, LLC (ABBK) to support the development of a commercial-scale cellulosic ethanol plant. ABBK’s parent company and project sponsor, Abengoa Bioenergy US Holding, Inc., estimates the project will fund approximately 300 construction jobs and 65 permanent jobs. The project will be located in Hugoton, Kansas, about 90 miles southwest of Dodge City, Kansas.
Read again your post #9892. There you say there is no such terminology used as a Conditional loan agreement in business.You asked for proof and I gave you an example. Now you understand a Conditional loan agreement? LOL