1366 TECHNOLOGIES INC.
The Project entails the design, development, financing, construction, start-up, operation and management of photovoltaic wafer production facilities with a total nameplate capacity of approximately 1,000 MW per year. The Project has three phases, each with a corresponding aggregate nameplate capacity as follows: Phase 1 - 20 MW; Phase 2 - 250 MW; and Phase 3 - 1,000 MW. The Project will be owned by 1366 Technologies. Phase 1 of the Project commenced in Lexington, MA and as of December 2012, has been transferred to a new facility in Bedford, MA. Phase 2 and Phase 3 will be executed in another jurisdiction to be determined. All three Phases of the Project are included in scope of project costs that are fundable by the DOE Loan Guarantee Agreement (LGA). However, the first advance will not occur for a period of months after the award, pending attainment of certain stated requirements.
| AWARD OVERVIEW |
| Award Number |
LP0000043 |
Funding Agency |
Department of the Treasury |
| Total Award Amount |
$143,229,000 |
Project Location - City |
Bedford |
| Award Date |
09/01/2011 |
Project Location - State |
MA |
| Project Status |
Less Than 50% Completed |
Project Location - Zip |
01730-2334
|
| Jobs Reported |
6.72 |
Congressional District |
06 |
| Project Location - Country |
US |
|
|
Recipient Information
(Loans)
| Recipient Information (Loans) |
|
Recipient Name
|
1366 TECHNOLOGIES INC. |
| Recipient DUNS Number |
800572237
|
| Recipient Address |
45 HARTWELL AVE |
| Recipient City |
LEXINGTON |
| Recipient State |
Massachusetts |
| Recipient Zip |
02421-3102 |
| Recipient Congressional District |
05 |
| Recipient Country |
USA |
Required to Report Top 5 Highly Compensated Officials |
No |
Projects and Jobs Information
| Projects and Jobs Information |
| Project Title |
Project Eagle |
| Project Status |
Less Than 50% Completed |
| Final Project Report Submitted |
No |
| Project Activities Description |
Other Electric Power Generation |
| Quarterly Activities/Project Description |
The Project commenced during Q3 2011, and the LGA was signed on 9/1/11. Activities during 2012 and Q1 2013 related to the initial design, procurement, and build of equipment related to Phase 1 of the Project, management time and third party costs associated with administering the Project, and site development costs. During Q4 2012, 1366 took occupancy of the Phase I facility in Bedford, MA and ended installation of required capital equipment. During Q1 2013, the Company commenced commissioning of the equipment. |
| Jobs Created |
6.72 |
| Description of Jobs Created |
High level engineering and administrative staff. |
Purchaser Information
(Loans)
| Purchaser Information |
| Contracting Office ID |
Not Reported |
| Contracting Office Name |
Not Available |
| Contracting Office Region |
Not Available |
| TAS Major Program |
89-4486 |
| Award Information |
| Award Date |
09/01/2011 |
| Award Number |
LP0000043 |
| Order Number |
|
| Award Type |
Loans |
| Funding Agency ID |
20 |
| Funding Agency Name |
Department of the Treasury |
| Funding Office Name |
Not Available |
| Awarding Agency ID |
89 |
| Awarding Agency Name |
Department of Energy |
| Amount of Award |
$143,229,000 |
| Funds Invoiced/Received |
$0 |
| Expenditure Amount |
$0 |
| Infrastructure Expenditure Amount |
$0 |
| Infrastructure Purpose and Rationale |
Not Reported |
| Infrastructure Point of Contact Name |
Not Reported |
| Infrastructure Point of Contact Email |
Not Reported |
| Infrastructure Point of Contact Phone |
Not Reported |
| Infrastructure Point of Contact Address |
Not Reported |
| Infrastructure Point of Contact City |
Not Reported |
| Infrastructure Point of Contact State |
Not Reported |
| Infrastructure Point of Contact Zip |
Not Reported |
Product or Service Information
(Loans)
| Product or Service Information |
| Primary Activity Code |
221119 |
| Activity Description |
Other Electric Power Generation |
| Sub-Awards Information |
| Sub-awards to Organizations |
0 |
| Sub-award Amounts to Organizations |
$0 |
| Sub-Awards to Individuals |
0 |
| Sub-Award Amounts to Individuals |
$0 |
| Number of Sub-awards less than $25,000/award |
0 |
| Amount of Sub-awards less than $25,000/award |
$0 |
| Number of payments to vendors greater than $25,000 |
19 |
| Total Amount of payments to vendors greater than $25,000/award |
$2,495,116 |
| Number of payments to vendors less than $25,000/award |
96 |
| Total Amount of payments to vendors less than $25,000/award |
$440,597 |
Americarb - Award Number LP0000043 - Americarb
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
44805-1248 |
| Vendor Name |
Americarb |
| Product and Service Description |
Parts |
| Payment Amount |
$36,561 |
Despatch Industries - Award Number LP0000043 - Despatch Industries
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
55044-9639 |
| Vendor Name |
Despatch Industries |
| Product and Service Description |
Equipment
|
| Payment Amount |
$178,396 |
Dore Real Estate - Award Number LP0000043 - Dore Real Estate
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
48706-4075 |
| Vendor Name |
Dore Real Estate |
| Product and Service Description |
Real estate option to buy
|
| Payment Amount |
$62,600 |
Evans Industries - Award Number LP0000043 - Evans Industries
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
01983-1220 |
| Vendor Name |
Evans Industries |
| Product and Service Description |
Equipment |
| Payment Amount |
$29,950 |
Fitch Inc. - Award Number LP0000043 - Fitch Inc.
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
10087-6858 |
| Vendor Name |
Fitch Inc. |
| Product and Service Description |
Professional services - credit rating |
| Payment Amount |
$120,000 |
iAutomation - Award Number LP0000043 - iAutomation
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
01915-6141 |
| Vendor Name |
iAutomation |
| Product and Service Description |
Automation equipment |
| Payment Amount |
$176,615 |
IPG Photonics - Award Number LP0000043 - IPG Photonics
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
01540-9999 |
| Vendor Name |
IPG Photonics |
| Product and Service Description |
Equipment |
| Payment Amount |
$39,407 |
Kelly, Anderson, & Associates, Inc - Award Number LP0000043 - Kelly, Anderson, & Associates, Inc
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
22314-2312 |
| Vendor Name |
Kelly, Anderson, & Associates, Inc |
| Product and Service Description |
Professional services related to the LGA application. |
| Payment Amount |
$31,379 |
Lincoln Tool & Machine Corp - Award Number LP0000043 - Lincoln Tool & Machine Corp
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
045429172 |
| Vendor HQ Zip Code + 4 |
01749-3213 |
| Vendor Name |
Lincoln Tool & Machine Corp |
| Product and Service Description |
Machine parts |
| Payment Amount |
$29,620 |
Merrimac Tool - Award Number LP0000043 - Merrimac Tool
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
01913-1414 |
| Vendor Name |
Merrimac Tool |
| Product and Service Description |
Equipment and tools |
| Payment Amount |
$56,684 |
MERSEN - Award Number LP0000043 - MERSEN
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
19170-6401 |
| Vendor Name |
MERSEN |
| Product and Service Description |
Machine parts |
| Payment Amount |
$61,695 |
Midland Loan Services - Award Number LP0000043 - Midland Loan Services
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
66225-5999 |
| Vendor Name |
Midland Loan Services |
| Product and Service Description |
Collateral agent |
| Payment Amount |
$45,814 |
Mitchell Machine Inc. - Award Number LP0000043 - Mitchell Machine Inc.
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
01139-0128 |
| Vendor Name |
Mitchell Machine Inc. |
| Product and Service Description |
Equipment |
| Payment Amount |
$93,625 |
MWI Incorporated - Award Number LP0000043 - MWI Incorporated
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
14267-0001 |
| Vendor Name |
MWI Incorporated |
| Product and Service Description |
Parts and consumables |
| Payment Amount |
$77,299 |
Navigant Consulting, Inc. - Award Number LP0000043 - Navigant Consulting, Inc.
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
02210-1804 |
| Vendor Name |
Navigant Consulting, Inc. |
| Product and Service Description |
Professional services - market analysis
|
| Payment Amount |
$99,710 |
Shaw Consultants International, Inc. - Award Number LP0000043 - Shaw Consultants International, Inc.
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
60694-6900 |
| Vendor Name |
Shaw Consultants International, Inc. |
| Product and Service Description |
Professional services - independent engineer
|
| Payment Amount |
$112,838 |
Warner Power - Award Number LP0000043 - Warner Power
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
03278-4226 |
| Vendor Name |
Warner Power |
| Product and Service Description |
Power supply equipment |
| Payment Amount |
$58,889 |
White & Case - Award Number LP0000043 - White & Case
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
60673-1238 |
| Vendor Name |
White & Case |
| Product and Service Description |
Professional services - legal (DOE counsel) |
| Payment Amount |
$838,060 |
WilmerHale - Award Number LP0000043 - WilmerHale
| Award Number |
LP0000043 |
| Sub-Award Number |
N/A |
| Vendor DUNS Number |
Not reported |
| Vendor HQ Zip Code + 4 |
02212-4550 |
| Vendor Name |
WilmerHale |
| Product and Service Description |
Professional services - legal
|
| Payment Amount |
$345,975 |
| Location Information |
| Latitude, Longitude |
42º 28' 56",
-71º 15' 55" |
| Congressional District |
06 |
| Address 1 |
6 Preston Ct |
| Address 2 |
|
| City |
Bedford |
| County |
Middlesex |
| State |
MA |
| Zip |
01730-2334 |
|
 |