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Overview of the Loan Programs Office
Video courtesy of the Department of Energy

ABOUT LPO

LPO has more than $40 billion in loans and loan guarantees available to help deploy large-scale energy infrastructure projects in the United States. Over the past decade, LPO has closed more than $30 billion of deals across a variety of energy sectors. Review our overview and subscribe to our newsletter to keep informed about the program.

FOR POTENTIAL BORROWERS

LPO provides debt financing for the commercial deployment of large-scale energy projects; however, for research, development, and demonstration (RD&D) and smaller projects, other offices within DOE offer funding and financing opportunities. For example, the Homeowner’s Guide to Going Solar provides valuable information from DOE's Solar Energy Technologies Office about financing home and small commercial solar systems.  

After reading about the respective program's requirements, potential borrowers are encouraged to seek a pre-application consultation to discuss eligiblity requirements and the application process directly with LPO staff. Including a brief description of the proposed project in your email is helpful.

  • Title 17 Innovative Energy Loan Guarantee Program (Advanced Fossil Energy, Advanced Nuclear Energy, Renewable Energy & Efficient Energy), email lgprogram@hq.doe.gov
  • Advanced Technology Vehicles Manufacturing Loan Program, email atvmloan@hq.doe.gov
  • Tribal Energy Loan Guarantee Program, email telgp@hq.doe.gov

To learn more about how LPO likes to work with borrowers and how to eventually apply, visit the LPO Process page. 

AVAILABLE LOANS & LOAN GUARANTEES

Advanced Fossil Energy Projects Loan Guarantees
$8.5 billion in loan guarantee authority for innovative advanced fossil energy projects
Advanced Nuclear Energy Projects Loan Guarantees
$10.9 billion in loan guarantee authority for innovative advanced nuclear energy projects
Advanced Technology Vehicles Manufacturing Loan Program
$17.7 billion in direct loan authority to support U.S. manufacturing of fuel-efficient, advanced technology vehicles and qualifying components
Renewable Energy & Efficient Energy Projects Loan Guarantees
Up to $4.5 billion in loan guarantee authority for innovative renewable energy & efficient energy projects
Tribal Energy Loan Guarantee Program (TELGP)
Up to $2 billion in partial loan guarantee authority for tribal energy development projects

Blog

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LPO Invites Tribal Leaders to a Roundtable Discussion on Funding and Financing Tribal Energy Projects on May 5
LPO and the Office of Indian Energy will host a 2-hour virtual roundtable discussion session on funding and financing tribal energy projects on Wednesday, May 5, 2021
April 26, 2021
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LPO Releases FY2020 Annual Portfolio Summary Report
Loan Programs Office Annual Portfolio Summary Report for Fiscal Year 2020
March 24, 2021
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Message from New Executive DIrector Jigar Shah
New Loan Programs Office Executive Director Jigar Shah speaks about his vision for providing access to debt capital in the energy sector
March 3, 2021
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Better Understand LPO Through This New Video Series
Loan Programs Office video series provides an overview of LPO, how it provides access to debt capital, the value it offers borrowers & how to engage.
January 25, 2021
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PORTFOLIO

LPO manages a portfolio comprising more than $30 billion of loans, loan guarantees, and conditional commitments covering more than 30 projects. Overall these loans and loan guarantees have resulted in more than $50 billion in total project investment.

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News

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DOE Announces Up to $8.25 Billion in Loans to Enhance Electrical Transmission Nationwide
Loans will support projects to widen clean electricity reach and enhance grid reliability.
April 27, 2021
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DOE Announces $109.5 Million to Support Jobs and Economic Growth in Coal and Power Plant Communities
New White House report identifies federal resources available to create good-paying union Jobs, remediate environmental degradation, and support long-term economic development in energy communities.
April 23, 2021
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Energy Secretary Granholm Announces Ambitious New 30GW Offshore Wind Deployment Target by 2030
National offshore wind goal will support 77,000 jobs, power 10 million homes, and cut 78 million metric tons in carbon emissions.
March 29, 2021
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DOE Issues Notice of Guidance for Potential Loan Applicants Involving Critical Minerals
The DOE has issued new guidance for applications to the Loan Programs Office, stating a preference for projects related to critical minerals.
December 1, 2020
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