DOE Announces New Executive Director Of Loan-Guarantee Program

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Jonathan Silver has been named executive director of the Department of Energy's (DOE) loan program office, where he will oversee the loan-guarantee program and the advanced technology vehicles manufacturing loan program.

Silver will report directly to Energy Secretary Steven Chu, helping accelerate the application review process for both programs. As executive director, Silver will be responsible for staffing the programs and leading origination, analysis and negotiation, as well as managing the full range of DOE's alternative energy investments.

‘The loan programs at DOE play a critical role in spurring investment in a clean energy economy, creating new jobs and fighting carbon pollution,’ says Chu. ‘Jonathan's background and expertise will help us dramatically expand our efforts and capitalize on the many significant opportunities we have in front of us.’

Prior to his appointment, Silver was a venture capitalist and the managing general partner of Core Capital Partners, an early-stage investor in alternative energy, advanced manufacturing, telecommunications and software.

SOURCE: Department of Energy

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