Monolith Featured on Catalyst Podcast

Monolith Featured on Catalyst Podcast

January 10th, 2022

Catalyst's, Shayle Kann, spoke with Jigar Shah, director of the U.S. Department of Energy’s Loan Programs Office, and Rob Hanson, CEO of Monolith, to learn more about why the Department of Energy's Loan Programs Office wants to support a first-of-a-kind plant for hydrogen and carbon black.

Jigar shares what he’s heard from lenders about why loan guarantees are important and why commercial banks are reluctant to place bets on these first-of-a-kind plants. He also addresses misconceptions about the office’s role in the climatetech ecosystem.

Rob dives into Monolith’s decade-long process to reach this milestone and points out key differences between venture capital and infrastructure capital. He also talks about what Monolith’s second- or third-of-a-kind climatetech plant could look like.

Listen to the podcast here.

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