LPO currently has more than $40 billion in available loans and loan guarantees in the following areas:
- Loan Guarantees for Clean Energy Projects
- Loans for Vehicle & Vehicle Component Manufacturing Projects
- Direct Loans or Partial Loan Guarantees for Tribal Energy Projects
CLEAN ENERGY FINANCING
The Title 17 Innovative Clean Energy Loan Guarantee Program offers loan guarantees to accelerate the commercial deployment of innovative energy technology. Eligible projects for the Title 17 program must:
- Utilize a new or significantly improved technology;
- Avoid, reduce or sequester greenhouse gases;
- Be located in the United States; and,
- Have a reasonable prospect of repayment.
Loan Guarantees
AUTOMOTIVE MANUFACTURING
The ATVM loan program provides direct loans to automotive or component manufacturers for reequipping, expanding, or establishing manufacturing facilities in the U.S. that produce fuel-efficient advanced technology vehicles or qualifying components, or for engineering integration performed in the U.S. for advanced technology vehicles or qualifying components.
DIRECT LOANS
TRIBAL ENERGY PROJECTS
LPO supports tribal investment in energy-related projects by providing direct loans or partial loan guarantees to federally recognized tribe, including Alaska Native village or regional or village corporations; or a Tribal Energy Development Organization (TEDO) that is wholly or substantially owned by a federally recognized Indian tribe or Alaska Native Corporation.
DIRECT LOANS OR PARTIAL LOAN GUARANTEES
HOW TO BEGIN
Potential applicants are encouraged to contact LPO for a no-fee, no-commitment, pre-application consultation prior to submitting a formal application. Pre-application consultations allow potential applicants to begin a dialogue directly with LPO staff to help LPO learn more about the project and to help ensure that applicants fully understand DOE's requirements and processes. Request a pre-application consultation by emailing lpo@hq.doe.gov.