Beacon Power Settles with Department of Energy Loan Programs Office

Company Agrees to Sell Flywheel Plant in Stephentown by January 2012 Beacon Power Corporation reached an agreement with the U.S. Department of Energy’s Loan Programs Office (LPO) at a second Delaware court hearing on November 18, 2011, in the Company’s Chapter 11 bankruptcy proceeding. Since filing for bankruptcy protection on October 30, 2011, Beacon Power [...]

Source: http://www.solarthermalmagazine.com/2011/11/24/beacon-power-settles-with-department-of-energy-loan-programs-office/

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