Gov. Schwarzenegger Applauds Final Loans for Clean Energy Business Financing Program

September 16, 2010 – (RealEstateRama) — Governor Arnold Schwarzenegger today issued the following statement after the California Energy Commission approved the final four loans, totaling more than $13.4 million, for the state’s Clean Energy Business Financing Program (CEBFP) for California-based manufacturers of solar products. These four low interest loans awarded to Morgan Solar, Inc; Solar Power, Inc; Quantum Fuel Systems Technologies Worldwide, Inc. and the Solaria Corporation complete the state’s CEBFP. Using American Recovery and Reinvestment Act (Recovery Act) funds, this program has provided a total of almost $29 million in federal stimulus money to eligible businesses and has retained or created about 1,588 clean energy manufacturing jobs in California


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The world knows Arnold Schwarzenegger as a famous bodybuilder and a Hollywood action hero, but he is also a successful businessman, generous philanthropist and California's 38th Governor.

Governor Schwarzenegger's most notable accomplishments in his first five years in office include the nation-leading Global Warming Solutions Act of 2006 - a bipartisan agreement to combat global warming by reducing California's greenhouse gas emissions - and overhauling the state's workers' compensation system - cutting costs by more than 35 percent.

Contact:

Governor Arnold Schwarzenegger
State Capitol Building
Sacramento, CA 95814
Phone: 916-445-2841
Fax: 916-558-3160

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