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.

June 9, 2023

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LPO Announces Conditional Commitment for Loan to KORE Power, Inc. to Increase Domestic Battery Manufacturing

LPO has offered a conditional commitment to KORE Power, Inc. for a $850 million loan to help finance the construction of a domestic advanced battery cell manufacturing facility.

May 12, 2023

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LPO Announces Conditional Commitment for Loan to CelLink Corporation's U.S. Manufacturing Facility for Flexible Circuit Wiring Harnesses

LPO has offered a conditional commitment to CelLink Corporation for a $362 million loan to help finance the construction of a domestic manufacturing facility to develop flexible circuit wiring harnesses for automotive and other industries.

April 20, 2023

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LPO Offers First Conditional Commitment for a Virtual Power Plant to Sunnova’s Project Hestia to Support Grid Reliability and Expand Clean Energy Access

If finalized, the partial loan guarantee would enable Sunnova, a leading Energy as a Service provider, to provide loans for clean energy systems for approximately 75,000 to 115,000 homeowners throughout the United States, including its territories.