INVESTING IN AMERICAN ENERGY

The Loan Programs Office (LPO) was created by Congress in 2005 to help American innovative energy and advanced auto manufacturing projects overcome hurdles in obtaining loans to help bring new technologies to commercial deployment. LPO issues loan guarantees for innovative energy projects and loan for advanced technology vehicles manufacturing projects through its Title XVII and ATVM programs. 

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Loan Programs Office: Power of Financing Innovation

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Loan Programs Office remaining authority
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The LPO Online Application Portal guides users through the loan & loan guarantee application process. Please familiarize yourself with the FAQs (ATVM and Title XVII) before applying.

PORTFOLIO

LPO manages a portfolio comprising more than $30 billion of loans, loan guarantees, and conditional commitments covering more than 30 projects. Overall these loans and loan guarantees have resulted in more than $50 billion in total project investment.

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LPO portfolio projects map

PUBLICATIONS

Mini-Reports

LPO Financial Performance Report
Despite its mission to help finance innovation, which carries some degree of financial risk, LPO has maintained strong financial performance.
November 12, 2014
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Powering New Markets: Utility-scale Photovoltaic Solar
In 2011, LPO issued loan guarantees to the first 5 PV projects larger than 100 MW in the United States. Learn how LPO helped launch a new market.
February 6, 2015
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Financing Innovation to Address Global Climate Change
LPO is helping address the global challenge of climate change by providing critical financing
December 17, 2015
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Driving Economic Growth: Advanced Technology Vehicles Manufacturing
The Advanced Technology Vehicles Manufacturing (ATVM) loan program has played a key role in helping propel the resurgence of U.S. auto manufacturing
January 21, 2016
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Powering New Markets: Energy Storage Poised for Growth
LPO financed 5 of the world’s largest concentrating solar power (CSP) projects, including the first 2 with thermal energy storage in the U.S.
October 11, 2016
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Blog

Vogtle Conditional Commitments Support Energy Infrastructure
DOE's Loan Programs Office offered additional conditional commitments to support energy infrastructure at the Vogtle advanced nuclear project
September 29, 2017
LPO Financing Can Fuel a New Wave of Vehicles
Loan Programs Office clarified eligibility for alternative fuel vehicle infrastructure under Title XVII and ATVM
January 9, 2017
LPO Announces First Ever Conditional Commitment Offer for Advanced Fossil Project
The Department offered up to $2 billion in loan guarantees for its first ever Advanced Fossil Energy Project to Lake Charles Methanol, LLC
December 21, 2016
Title XVII Application Deadlines Extended
The Department’s Loan Programs Office (LPO) has added new application deadlines for its current Title XVII loan guarantee solicitations.
November 29, 2016

News

Secretary Perry Announces Conditional Commitment to Support Continued Construction of Vogtle Advanced Nuclear Energy Project
The Vogtle project is the first new nuclear power plant to be licensed and begin construction in the United States in more than three decades.
September 29, 2017
Energy Department Offers Conditional Commitment for First Advanced Fossil Energy Loan Guarantee

Lake Charles Methanol would be world’s first methanol production facility with carbon capture and first petcoke to methanol facility in U.S.

December 21, 2016
Energy Department Analysis: Loan Guarantee Program Launched Utility-Scale Photovoltaic Solar Market in the United States

DOE Loan Program Releases Updated Analysis at Mesquite Solar 3 Dedication Ceremony Showing Five DOE Loans Have Led to an Additional 45 Large Solar...

October 14, 2016
FACT SHEET: Obama Administration Announces Federal and Private Sector Actions to Accelerate Electric Vehicle Adoption in the United States

Administration announces new actions geared towards accelerating the deployment of electric vehicle charging infrastructure and putting more...

July 21, 2016