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Green Investor News – U.S. DEPARTMENT OF ENERGY OFFERS $43 MILLION LOAN GUARANTEE TO BEACON POWER (Nasdaq: BCON) FOR FLYWHEEL ENERGY STORAGE PROJECT

Tyngsboro, Mass. – July 2, 2009 – Beacon Power Corporation (Nasdaq: BCON) announced that it has received a conditional commitment from the U.S. Department of Energy (DOE) for a loan guarantee of approximately $43 million.


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