INVESTING IN AMERICAN ENERGY
Through its Title XVII Innovative Clean Energy Projects loan program and Advanced Technology Vehicles Manufacturing (ATVM) loan program, the Department of Energy’s Loan Programs Office (LPO) has financed a portfolio of innovative clean energy projects and advanced technology vehicle manufacturing facilities across the United States. LPO’s portfolio has supported job creation and is preventing harmful CO2 pollution while enhancing American competitiveness in the global economy.
LPO PORTFOLIO AT A GLANCE
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.
To learn more about the individual projects within LPO’s portfolio please visit Portfolio Projects.
LPO PORTFOLIO PERFORMANCE
Although its mission, which includes financing innovative clean energy projects technologies, carries some degree of financial risk, LPO has maintained strong financial performance – even when compared with private financing of conventional energy projects in the United States. For each transaction, LPO’s team conducts rigorous due diligence that is comparable to, if not more stringent than, what is done in the private sector.
To learn more about how LPO is achieving its mission of accelerating the deployment of innovative clean energy projects and advanced technology vehicles manufacturing facilities, read the November 2014 Financial Performance report and blog.
LPO PORTFOLIO MANAGEMENT
LPO’s Portfolio Management Division protects taxpayers interests by closely monitoring each project through construction, completion, and operation to ensure the terms and conditions of the loan documents are satisfied until the loan has been repaid in full. For more information, please visit the Portfolio Management page.