Earlier this week, LPO Director Jigar Shah and Deputy Director Robert Marcum were pleased to welcome the Export-Import Bank of Korea (KEXIM) and its Chairman and CEO, Mr. Hee-sung Yoon, to the U.S. Department of Energy (DOE) for a signing of a Memorandum of Understanding (MOU), establishing a framework around export and infrastructure financing for LPO-supported energy projects.
Last year, Korean companies announced more than $22 billion in clean energy and energy transition manufacturing investments in the United States. Partnerships like the one with KEXIM are a critical part of the ongoing cooperation on clean energy deployment with key global partners as the U.S. works to onshore and re-shore a domestic, clean energy manufacturing supply chain.
Read the full announcement at: https://lnkd.in/gRXhK-9a and go to: WhiteHouse.gov/Invest to learn more about President Biden's Investing in America agenda.
Wed, Mar 13