The
loan
guarantee,
if
finalized,
would
assure
private
lenders
of
repayment
if
the
company
were
to
default.
After
a
slow
start,
the
DOE’s
Loan
Guarantee
Program
(LGP)
has
significantly
ramped
up
activity
in
recent
months
under
the
leadership
of
Jonathan
Silver.
It
is
also
coming
under
attack
by
budget-cutting
Republicans
in
Congress,
who
would
cut
its
funding
immediately
through
measures
to
fund
the
government
for
the
remainder
of
the
federal
fiscal
year
–
a
move
that
Senator
Diane
Feinstein,
Democrat
of
California,
said
earlier
this
week
“would
devastate
private…
