February 22, 2024
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
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
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
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
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
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
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
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
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
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.