LPO has more than $40 billion in remaining loan and loan guarantee authority and is accepting applications under its three loan programs – the Innovative Energy Loan Guarantee Program (Title 17), the Advanced Technology Vehicles Manufacturing (ATVM) loan program, and the Tribal Energy Loan Guarantee Program.
INNOVATIVE ENERGY PROJECTS
The Title 17 Innovative Energy Loan Guarantee Program offers loan guarantees to accelerate the commercial deployment of innovative energy technology. Eligible projects for the Title 17 program must:
- Utilize a new or significantly improved technology;
- Avoid, reduce or sequester greenhouse gases;
- Be located in the United States; and,
- Have a reasonable prospect of repayment.
AUTOMOTIVE & COMPONENT MANUFACTURING
The ATVM loan program provides direct loans to automotive or component manufacturers for reequipping, expanding, or establishing manufacturing facilities in the U.S. that produce fuel-efficient advanced technology vehicles or qualifying components, or for engineering integration performed in the U.S. for advanced technology vehicles or qualifying components.
TRIBAL ENERGY PROJECTS
The Tribal Energy Loan Guarantee Program (TELGP) can guarantee up to 90 percent of the unpaid principal and interest due on any loan made to a federally recognized Indian tribe or Alaska Native Corporation for energy development.
Learn More About the Application Process
The video below describes the process of working with LPO from early engagement to loan maturity.
How To Begin
Potential applicants are encouraged to contact LPO for no-fee, no-commitment, pre-application consultations prior to submitting a formal application. Pre-application consultations allow potential applicants to begin a dialogue directly with LPO staff to help LPO learn more about the project and to help ensure that applicants fully understand DOE's requirements and processes. Request a pre-application consultation by emailing firstname.lastname@example.org.
The video belows outlines what to expect from the pre-application consultaton process and how it benefits prospective borrowers.
How To Apply
Projects that have engaged in pre-application consultations and are ready to proceed with a formal application should contact their LPO staff contact for instructions on how to access the online application portal.
LPO’s Application Portal does not allow access from outside the United States. If you are attempting to access the Application Portal from outside of the United States, please notify your LPO contact. He/She will provide an alternative method for access. If you do not have an LPO contact, send an email to LPO@hq.doe.gov requesting assistance. Thank you for your interest in LPO.