Treasury Allocates $2.2 Billion in Bonds for Renewable Energy Development

The U.S. Department of Treasury today announced the allocation of $2.2 billion in Clean Renewable Energy Bonds (CREBs) for 805 recipients.  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.