The Department of Energy’s Loan Programs Office (LPO) finances large-scale, all-of-the-above energy infrastructure projects in the United States.
LPO administers three distinct loan programs, but each offers a similar value to borrowers:
- LPO can provide first-of-a-kind projects and other high-impact energy-related ventures with access to debt capital that private lenders cannot or will not provide.
- LPO can provide flexible, custom financing that helps to meet the specific needs of individual borrowers.
- LPO encourages early engagement and is a valuable partner to applicants throughout the entire lifetime of a project.
To date, LPO has issued more than $35 billion of loans and loan guarantees for more 30 projects and has a proven track record including transforming existing energy infrastructure, reviving nuclear construction, accelerating growth of utility-scale solar and wind, expanding domestic manufacturing of electric vehicles, and improving the lives of all Americans by catalyzing new energy technology and creating jobs. Read more about LPO's History, Portfolio,and Technology Sectors it has supported.
LPO’s in-house team has decades of financial, technical, legal, and environmental experience that it can leverage to deploy more than $40 billion in loan and loan guarantee authority currently available in the following areas: