WASHINGTON, Feb. 20 -- Sen. John Hoeven issued the following news release:

Senator John Hoeven today announced that funding for phase one of his Crack the Code 2.0 initiative will total $157 million:

* $76 million in private investment and $45.1 million in state funding are already in place, and $36 million in federal funding is on track to come through the U.S. Department of Energy (DOE), subject to a 30-day Congressional review period and final review by the Office of Management and Budget (OMB). * Hoeven has been working with U.S. Department of Energy (DOE) Secretary Chris Wright and his team at DOE to finalize the federal funding award. * Hoeven is spearheading the initiative to partner the state's coal and oil industries, with the g...