Treasury Allocates $2.2 Billion in Clean Renewable Energy Bonds
The U.S. Department of Treasury has allocated $2.2 billion in Clean Renewable Energy Bonds (CREBs) for 805 recipients across the country. Funded by the Energy Improvement and Extension Act of 2008 and the American Recovery and Reinvestment Act of 2009, these energy bonds help government agencies, public power providers, and cooperative electric companies obtain lower cost financing for clean energy development projects.