Later today, the Department of Energy will announce the 100 smart grid projects that will receive smart grid stimulus finds.   A complete list of the awards should be available later today; three have been announced early:

  • Baltimore Gas and Electric: $200,000,000 from DOE and $251,000,000 from other sources
  • Sempra Energy: $28,000,000 and $31,000,000 from other sources
  • Cobb Electric Membership Corp. (Marietta, GA): $16,000,000 – no information on additional funding requirements

The DOE reported that the quality of the applications were extremely high. The ratio of applications to grants was 4:1 and the funding requested was 5 times the amount that was available.

Photo of Janet Jacobs Janet Jacobs

Janet Jacobs practices in the Corporate, Securities and Finance practice group and the Renewable Energy practice group. Janet represents clients in corporate governance matters, mergers and acquisitions, corporate, securities and financing transactions, with an emphasis on the development, structuring, financing and acquisition of…

Janet Jacobs practices in the Corporate, Securities and Finance practice group and the Renewable Energy practice group. Janet represents clients in corporate governance matters, mergers and acquisitions, corporate, securities and financing transactions, with an emphasis on the development, structuring, financing and acquisition of biofuels, solar and wind projects. She also advises her clients on their business operations and significant corporate transactions.

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