March 27, 2024

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LPO Announces Conditional Commitment to Holtec Palisades to Finance the Restoration and Resumption of Service of 800-MW Nuclear Generating Station

LPO has offered a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades, LLC to finance the restoration and resumption of service of an 800-MW electric nuclear generating station in Covert Township, Michigan.

March 14, 2024

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LPO Announces Conditional Commitment to Lithium Americas Corp. to Help Finance the Construction of a Lithium Processing Plant in Nevada

LPO has offered a conditional commitment to Lithium Americas Corp’s subsidiary, Lithium Nevada Corp., for a $2.26 billion loan to help finance the construction of a lithium carbonate processing plant at Thacker Pass in Humboldt County, Nevada.

March 13, 2024

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LPO Announces Conditional Commitment to Viejas Microgrid to Build Renewable, Utility-Scale Generation and Storage on Tribal Lands

LPO has offered a conditional commitment for an up to $72.8 million partial loan guarantee to finance the development of a solar-plus long-duration energy storage microgrid on the Tribal lands of the Viejas Band of the Kumeyaay Indians near Alpine, California.

February 22, 2024

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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

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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.

January 5, 2024

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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.

September 28, 2023

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El Departamento de Energía de Estados Unidos anuncia una garantía de préstamo parcial de 3.000 millones de dólares para el proyecto Hestia de Sunnova

A través de su Oficina de Programas de Préstamos (LPO), el Departamento de Energía de EE. UU. (DOE) anunció hoy el cierre de una garantía de préstamo parcial de $3 mil millones para el Proyecto Hestia de Sunnova Energy Corporation.

September 28, 2023

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DOE Announces $3 Billion Partial Loan Guarantee to Sunnova’s Project Hestia

The U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), today announced the closing of a $3 billion partial loan guarantee to Sunnova Energy Corporation’s Project Hestia.

August 31, 2023

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LPO Announces Conditional Commitment to Eos Energy Enterprises to Produce Next-Generation Battery Energy Storage Systems

LPO has offered a conditional commitment to Eos Energy Enterprises, Inc. for an up to $398.6 million loan guarantee for the construction of up to four state-of-the-art production lines to produce the “Eos Z3™".

June 22, 2023

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LPO Announces Conditional Commitment for Loan to BlueOval SK to Further Expand U.S. EV Battery Manufacturing Capacity

Announcing a conditional commitment for a loan of up to $9.2 billion to BlueOval SK LLC for the construction of three manufacturing plants to produce batteries for Ford Motor Company’s future Ford and Lincoln electric vehicles.