It’s a loan, not a grant. I agree they should go to the private sector for the load if they want to keep the energy for private use only, but they are required to pay it back, with interest. The company is worth far more than the loan is, so it’s very low risk.
It’s a loan, not a grant. I agree they should go to the private sector for the load if they want to keep the energy for private use only, but they are required to pay it back, with interest. The company is worth far more than the loan is, so it’s very low risk.