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Article: Gov't funds energy bridge.(News)
- Article from:
- Waste & Recycling News
- Article date:
- October 26, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Amanda Smith-Teutsch
As alternative and renewable energy developers wait for private investors to re-enter the market, government is stepping in to provide much-needed financing for new projects.
"Public money is almost a bridge until private money decides to come back, said Roger Feldman of Andrews Kurth LLC. Feldman and Andy Rovito of Development Partners are co-chairs of the Project Development and finance vice council of the Biomass Coordinating Council.
"Private equity has to get confidence that these technologies, even though some of them are at higher cost, are competitive and will remain competitive and they won't do it until ...
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