; or (iii) other restrictions on exports, imports, investment, payments, or other transactions targeted at particular persons or countries. (2) Persons subject to OFAC-administered sanction (A) In general Beginning on the date that is 180 days after the date of the enactment of this subsection, the Board of Directors of the Agency may not approve any transaction that is subject to approval by the Board with respect to the provision by the Agency of any guarantee, insurance, or extension of credit, or the participation by the Agency in any extension of credit, in connection with a financing in which a person that is a borrower or controlling sponsor, or a person that is owned or controlled by the borrower or controlling sponsor, is subject to a sanction administered by the Office of Foreign Assets Control of the Department of the Treasury. (B) Controlling sponsor defined In subparagraph (A), the term controlling sponsor means a person providing controlling direct private equity investment (excluding investments made through publicly held investment funds, publicly held securities, public offerings, or similar public market vehicles) in connection with a financing. . 13. Promoting renewable energy (a) Office of financing for renewable energy, energy efficiency and energy storage exports Section 2(b)(1)(C) of the Export-Import Bank Act of 1945 ( 12 U.S.C. 635(b)(1)(C) ) is amended to read as follows: (C) Office of financing for renewable energy, energy efficiency and energy storage The President of the Agency shall establish an office whose functions shall be to promote the export of goods and services to be used in the development, production, and distribution of renewable energy resources, and energy efficiency and energy storage technologies, and disseminate information concerning export opportunities and the availability of Agency support for such activities, to increase the total amount of loans, guarantees, and insurance provided by the Agency to support exports related to renewable energy, energy efficiency,