Altenergy eyeing DoE green energy auctions

ALTERNERGY Holdings Corp. (Alternergy) is looking to participate in the third and fourth rounds of the Department of Energy's (DoE) Green Energy Auction Program (GEAP), a top company official said last week.

"We are very excited about the prospect of participating in GEAP-3 and 4. In fact, we are working with industry players, together with the DOE, to make sure that all the policies are in place and that the mechanics are very clear," Alternergy President Gerry Magbanua said in an interview last Thursday.