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Stock impact report

The world's largest energy lender has a new head: Here's how it could shape U.S. policy [CNBC]

Constellation Energy Corporation - When-Issued (CEG) 
Company Research Source: CNBC
In an exclusive interview, Beard told CNBC about the recent changes at the agency and discussed its new priorities. Among them are nuclear, the electric grid and critical minerals. He said a “big portion of capital” will end up focusing on power costs. “We can't lean in any harder,” Beard said, of nuclear power projects. He said activity in the space should pick up in the coming months. In this article Gregory Beard, director of the Department of Energy's Office of Energy Dominance Financing. Courtesy: U.S. Department of Energy Former Apollo executive and longtime New Yorker Gregory Beard says he wouldn't have left the private sector for just any job. But opportunity came knocking in the form of Energy Secretary Chris Wright, who tapped Beard to run the Office of Energy Dominance Financing. Previously known as the Loan Programs Office and part of the Energy Department, the EDF is the largest energy lender in the world, with some $289 billion in loan authority currently. Show less Read more
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