New Lawsuit Threatens Section 1705 Financings

    View Authors December 2011
    In response to a lawsuit filed in the United States District Court for the District of Columbia, increased scrutiny from the Obama Administration and Congress, the billions of dollars of Department of Energy guaranteed financing for clean energy projects are at risk. Lawyers from Squire Sanders Energy & Natural Resources Industry Group describe the possible effect of invalidating the loan guarantees under the Section 1705 project financings.