The Department of Energy has selected 13 board members from across the investment community and industry for its newly formed foundation, the group tells Katie.
Why it matters: The DOE’s foundation could help provide alternative ways to fund the energy transition by collaborating with the private sector, philanthropy and communities.
Catch up quick: The foundation, called the Foundation for Energy Security and Innovation (or FESI), will be the DOE’s first nonprofit and was authorized by the CHIPS Act in 2022.
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