SOURCE: California Energy Commission
SACRAMENTO, CA--(Marketwire - Aug 10, 2012) -
DATE: August 14, 2012
1516 Ninth Street
Hearing Room B, First Floor
Sacramento, California 95814
Pursuant to California Government Code § 11128.5, please take notice that on August 9, 2012, the above-referenced Business Meeting was adjourned to August 14, 2012 at 9 a.m. to ensure at least 48 hours notice is provided prior to the consideration of the following two items:
21. Consideration pursuant to Government Code section 11125.3, subd. (a)(2) as to whether there exists a need to take immediate action on item 22. below, and that the need for action came to the attention of the Energy Commission after the August 9, 2012, agenda was posted. (This item requires a two-thirds vote.)
Contact: Michael Doughton.
22. SoloPower, Inc. Possible approval and execution of a new Intercreditor Agreement between the California Energy Commission, Bridge Bank, N.A., State of Oregon Department of Energy, MIHI, LLC (also sometimes referred to as "MacCap" or "Macquarie") and SoloPower, Inc. regarding Clean Energy Business Financing Program loan number 010-10-CEB. The proposed new Intercreditor Agreement would allow additional funds to be loaned to SoloPower, Inc. by MIHI, LLC. This item will only be considered if Item 21 is approved by a two-thirds vote of the Energy Commission.
Contact: Jacob Orenberg.