SAN FRANCISCO, April 22, 2026 (GLOBE NEWSWIRE) -- Clark Street Associates (Clark Street), an advisory firm specializing in securing government grants, loans and strategic partnerships for hard tech companies, today announced that 100% of its clients with previously awarded Biden-era grants were cleared to move forward in a recent U.S. Department of Energy (DOE) review, unblocking more than $606 million in client funding tied to six approved awards.

For companies across advanced manufacturing and energy, the decision brings long-awaited clarity on the status of Biden-era awarded projects and offers a sharper signal about which investments remain aligned with current federal priorities and positioned to move toward execution.

While DOE's published list includes a broader universe of awards, the number of Infrastructure Investment and Jobs Act (IIJA) and Inflation Reduction Act (IRA) grants that ultimately moved forward was substantially narrower, with only 40 IRA and 334 IIJA grants surviving, making Clark Street's results stand out. Client projects include:

Six IIJA awards total.

Five of the 15 Advanced Energy Manufacturing awards, representing 33% of all projects and 35% of all funding that survived the review process.

The second-largest IIJA grant issued by the Office of Energy Efficiency and Renewable Energy.

The DOE outcome reinforces the core premise behind Clark Street's approach to government capital: the strongest opportunities are the ones grounded in commercial reality from the start. Rather than functioning as a traditional lobbying or grant advisory firm, Clark Street embeds with clients' management teams to understand how their businesses build technology, scale ...