10 CFR § 609.12

10 CFR · Energy

§ 609.12 — Credit ratings.

10 CFR § 609.12

TitleTitle 10: Energy PartPart 609: Loan Guarantees for Clean Energy Projects

SourceeCFR (current through Apr 8, 2026)

This text of 10 C.F.R. § 609.12 (Credit ratings.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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10 C.F.R. § 609.12 (2026).

Text

§ 609.12 Credit ratings.

(a)Where conditions justify, in the sole discretion of the Secretary, DOE may require that an Applicant submit a preliminary credit assessment for the proposed project, reflecting the project without a Guarantee, from a nationally recognized statistical ratings organization.

(b)Where conditions justify, in the sole discretion of the Secretary, DOE may require that an Applicant provide a credit rating for the proposed project, and subsequently provide updated ratings, from a nationally recognized statistical ratings organization.

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§ 609.12 Credit ratings.

(a) Where conditions justify, in the sole discretion of the Secretary, DOE may require that an Applicant submit a preliminary credit assessment for the proposed project, reflecting the project without a Guarantee, from a nationally recognized statistical ratings organization.

(b) Where conditions justify, in the sole discretion of the Secretary, DOE may require that an Applicant provide a credit rating for the proposed project, and subsequently provide updated ratings, from a nationally recognized statistical ratings organization.