Green gift: Energy upstarts chase stimulus cash

Iria · Mar 24, 2009, 04:53 AM

There were no champagne corks popping at Horizon Wind on the February morning when President Obama signed the $787 billion American Recovery and Reinvestment Act into law. Instead, 30 employees swilled coffee as they got down to work in the Houston energy startup's conference room. The emergency meeting reviewed the company's pipeline and decided to move a number of projects from Tier 2 (promising but on the back burner) to Tier 1 (funding), thanks to the stimulus plan's $50 billion in clean energy provisions.
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Source: CNNMoney

Mar 24, 2009, 04:53 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Green gift: Energy upstarts chase stimulus cash There were no champagne corks popping at Horizon Wind on the February morning when President Obama signed the $787 billion American Recovery and Reinvestment Act into law. Instead, 30 employees swilled coffee as they got down to work in the Houston energy startup's conference room. The emergency meeting reviewed the company's pipeline and decided to move a number of projects from Tier 2 (promising but on the back burner) to Tier 1 (funding), thanks to the stimulus plan's $50 billion in clean energy provisions. ______________ Source: CNNMoney