February 22, 2024

thumbnail
LPO Announces Conditional Commitment to SK Siltron CSS to Expand American Manufacturing of High-Quality Silicon Carbide Wafers for Electric Vehicle Power Electronics

LPO has offered a conditional commitment to SK Siltron CSS, LLC for a $544 million loan to expand American manufacturing of high-quality silicon carbide wafers for electric vehicle power electronics.

February 22, 2024

thumbnail
LPO Announces Conditional Commitment to ABS to Strengthen America’s Domestic Lithium-ion Battery Manufacturing Base and Supply Ecosystem

LPO has offered a conditional commitment to American Battery Solutions for a $165.9 million loan to help finance the expansion of an advanced battery pack assembly facility at its Springboro, Ohio, and Lake Orion, Michigan, facilities.

February 8, 2024

thumbnail
How the DOE Loan Programs Office Understands and Manages Portfolio Credit Risk

LPO is a critical partner for the energy industry, and the financing it provides is crucial to supporting projects that help the United States meet its ambitious clean energy deployment and climate goals.

February 7, 2024

thumbnail
January 2024 Monthly Application Activity Report

The Loan Programs Office (LPO) publishes the LPO Monthly Application Activity Report – a new way to understand the level of interest from applicants for LPO financing, and what technology sectors have been most actively engaged with LPO.

February 6, 2024

thumbnail
Financing Supported by LPO’s Project Hestia Recognized by IFR Awards 2023

Sunnova Energy Corporation’s Project Hestia, which recently received a $3 billion partial loan guarantee by the Loan Programs Office, was recognized by International Finance Review (IFR) in its IFR Awards 2023, in the publication’s Structured Finance Awards category.

January 12, 2024

thumbnail
LPO Announces MOU with EPRI to Support Deployment of Reliable, Affordable, and Equitable Virtual Power Plants

LPO has announced a memorandum of understanding with EPRI, an independent energy research and development non-profit, to improve understanding and integration of virtual power plants in the nation’s electric grid.

January 9, 2024

thumbnail
December 2023 Monthly Application Activity Report

The Loan Programs Office (LPO) publishes the LPO Monthly Application Activity Report – a new way to understand the level of interest from applicants for LPO financing, and what technology sectors have been most actively engaged with LPO.

January 5, 2024

thumbnail
LPO Announces Conditional Commitment to LongPath for Emissions Technology to Support Methane Monitoring and Leak Reduction

LPO has offered a conditional commitment to LongPath Technologies, Inc. for an up to $189 million loan guarantee to support the fabrication and installation of a real-time methane emissions monitoring network.

January 4, 2024

thumbnail
LPO Year in Review 2023

While LPO's work is often done through the evaluation of a single loan or individual project, our goal is to unlock follow-on investment by helping new technologies & financing structures prove their bankability. This blog features progress made in 2023.

December 21, 2023

thumbnail
Top 10 Questions All Applicants Should Ask Before Applying to LPO

LPO provides access to debt capital for high-impact energy and manufacturing projects. This blog shares best practices for considering whether LPO financing could be the right choice and what to include or what to avoid when applying to work with LPO.