RSS
On January 17, 2025, LPO announced two conditional commitments and one loan closing to power producers in Puerto Rico comprising over $1.2 billion in total.
Project Marigold will provide sustainable and safe transportation to public school districts nationwide while supporting grid resilience, giving electricity back to the grid using battery-electric school buses when not in transit.
Yabucoa Solar will lower clean energy rates while providing clean power and resilient energy storage to communities in southeast Puerto Rico.
Pattern Energy’s investments will provide grid stability and reliability for low-income communities who face frequent power outages with flood-resistant solar PV and BESS facilities designed to withstand winds up to 150 mph.
Michigan Potash will drill potash extraction wells and build a processing plant to produce fertilizer for American farmers.
The Loan Programs Office (LPO) publishes the LPO Monthly Application Activity Report – the best way to understand the level of interest from applicants for LPO financing, and what technology sectors have been most actively engaged with LPO.
The U.S. Department of Energy (DOE) recently released its latest Pathways to Commercial Liftoff report, an update to the Pathways to Commercial Liftoff: Clean Hydrogen report, which was first released in March 2023 at the of the Liftoff effort.
On January 16, 2025, LPO announced eight conditional commitments through its Title 17 Energy Infrastructure Reinvestment (EIR) program, comprising $22.92 billion to utilities serving more than 14.78 million customers across 12 states.
PacifiCorp will build and reconductor transmission lines to support existing and future power generation.
JCP&L will upgrade transmission infrastructure in New Jersey, allowing thousands of megawatts of power to be added to the grid.