Federal Register: September 10, 2009 (Volume 74, Number 174)
DOCID: fr10se09-9 FR Doc E9-21756
DEPARTMENT OF ENERGY
Energy Department
CFR Citation: 10 CFR Part 609
RIN ID: RIN 1901-AB27
NOTICE: PROPOSED RULES
DOCID: fr10se09-9
DOCUMENT ACTION: Proposed rule; extension of public comment period.
SUBJECT CATEGORY:
Loan Guarantees for Projects That Employ Innovative Technologies
DATES: Comments must be postmarked no later than September 22, 2009.
DOCUMENT SUMMARY:
This notice announces that the period for submitting comments on the proposed rule to amend the regulations implementing the loan guarantee program authorized by section 1703 of Title XVII of the Energy Policy Act of 2005 is extended to September 22, 2009. In the proposed rule, DOE considers certain changes to: Provide flexibility in the determination of appropriate structures, collateral packages to secure guaranteed loan obligations, and other credit support; facilitate collateral sharing and related intercreditor arrangements with other project lenders; and provide a more workable interpretation of certain statutory provisions regarding DOE's treatment of collateral.
SUMMARY:
Loan Guarantees for Projects That Employ Innovative Technologies
SUPPLEMENTAL INFORMATION
On August 7, 2009, DOE published a proposed
rule in the Federal Register to make certain changes to: (1) Provide
flexibility in the determination of appropriate structures, collateral
packages to secure guaranteed loan obligations, and other credit
support; (2) facilitate collateral sharing and related intercreditor
arrangements with other project lenders; and (3) provide a more
workable interpretation of certain statutory provisions regarding DOE's
treatment of collateral. (74 FR 39565) The proposed rule provided for
the submission of comments by September 8, 2009. In response to a
request for additional time to comment on the proposed rule, DOE hereby
extends the comment period and will consider any comments postmarked no
later than September 22, 2009. DOE deems any comments received after
publication of the proposed rule and by the September 22, 2009 postmark deadline to be timely submitted.
Issued in Washington, DC, on September 3, 2009.
Steve Isakowitz,
Chief Financial Officer.
[FR Doc. E921756 Filed 9909; 8:45 am]
BILLING CODE 645001P
FOR FURTHER INFORMATION CONTACT
David G. Frantz, Director, Loan Guarantee Program Office, Office of the Chief Financial Officer, 1000 Independence Avenue, SW., Washington, DC 205850121, (202) 586 8336, email: lgprogram@hq.doe.gov; or Susan S. Richardson, Chief Counsel for the Loan Guarantee Program, Office of the General Counsel, 1000 Independence Avenue, SW., Washington, DC 205850121, (202) 5868336, e mail: lgprogram@hq.doe.gov.