Storage & Transmission Projects

Loan Programs Office

You are here

Putting Americans to Work: LPO investments are creating supply chains and supporting communities

PROJECTLOAN PROGRAMTECHNOLOGYOWNER(S)LOCATION(S)LOAN TYPELOAN AMOUNTISSUANCE DATE
STORAGE & TRANSMISSION PROJECTS
ONE NEVADA LINETitle XVIIStorage & Transmission ProjectsLS Power Associates, NV Energy & John HancockEastern NevadaLoan Guarantee$343 MillionFebruary 2011
STEPHENTOWN SPINDLETitle XVIIStorage & Transmission ProjectsRockland Power PartnersStephentown, New YorkLoan Guarantee$25 MillionMarch 2012

All information up-to-date as of June 2017

Loan Amount represents the approximate amount of the loan facility approved at closing including principal and any capitalized interest

Prior to being restructured into a direct loan obligation to DOE in March 2013, the loan guarantee to Stephentown Spindle was issued under Title XVII

STORAGE & TRANSMISSION PORTFOLIO

ONE NEVADA LINE
One Nevada Line uses advanced electric transmission towers to improve grid reliability and deliver renewable electricity to high demand areas.
Learn More
STEPHENTOWN SPINDLE
Using Beacon Power technology, Stephentown Spindle is the first commercial flywheel project in the U.S. to provide frequency regulation.
Learn More

ILLUSTRATED POSTER SERIES

ECONOMIC DEVELOPMENT
LPO Illustrated Poster Series: Economic Development
Learn More