Sunnova Energy says Trump administration cancels $2.92 billion government loan
WASHINGTON (Reuters) -President Donald Trump's administration has canceled a partial loan guarantee of $2.92 billion that had been awarded to residential solar panel installer Sunnova Energy, the company said on Wednesday. The administration, which is pushing to maximize oil and gas production, has said it is reviewing financing from the Department of Energy's Loan Programs Office to companies involved in alternative energy. A source familiar with the matter said the DOE had "de-obligated" the loan guarantee, meaning the federal government is not responsible for the financing.
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