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The Need for Innovation in the Department of Energy: Efforts by the Loan Guarantee Program to fill Funding Gaps for New Projects

Thursday, February 21, 2013 at 4:45pm to 5:45pm

Uris Hall, G1 Central Campus

The Need for Innovation in the Department of Energy:  Efforts by the Loan Guarantee Program to fill Funding Gaps for New Projects

Nicholas Whitcombe is a program director and supervisory senior investment officer at the U.S. Department of Energy (DOE). He joined the DOE in 2009 and assumed a variety of challenges before leading the Advanced Technology Vehicle Manufacturing loan program in late 2011. He was instrumental in leading the negotiations for several nuclear loan guarantees, including $8.3 billion in conditional commitments for the first nuclear power plant to be constructed in 30 years, as well over $1 billion in loan guarantees for distributed solar generation projects.

Prior to joining DOE, Mr. Whitcombe was a member of the energy lending teams at Jefferies and CIT, and brings nearly 20 years of credit experience in project finance and corporate transactions with industrial, power, renewable, exploration and production, midstream and refining borrowers. He holds a BS from Cornell University and an MBA from Vanderbilt University.

This lecture is part of the Cornell Institute for Public Affairs (CIPA) Spring 2013 Colloquium Series.

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Event Type

Lecture

Department

Cornell Institute for Public Affairs, Sustainability

Website

http://www.cipa.cornell.edu

Contact E-Mail

ljl27@cornell.edu

Contact Name

Lisa Jervey Lennox

Contact Phone

607-255-8018

Speaker

Nicholas Whitcombe

Speaker Affiliation

Program Director and Supervisory Senior Investment Officer at the U.S. Department of Energy

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