U.S. DOE – Loan Programs Office

The U.S. Department of Energy’s Loan Programs Office (LPO) provides loans and loan guarantees to innovative clean energy, advanced transportation, and tribal energy projects located in the United States. Over the past decade, LPO has closed more than $30 billion of loans, loan guarantees, and conditional commitments for eligible projects. In 2021, the Bipartisan Infrastructure Law created the $2.1 billion Carbon Dioxide Infrastructure Finance and Innovation Program (CIFIA), jointly implemented by LPO and DOE’s Office of Fossil Energy and Carbon Management (FECM), to finance projects that transport captured anthropogenic or atmospheric CO2 to sequestration or utilization sites via pipelines, maritime, rail, road, or other modes. In 2022, the Inflation Reduction Act added more than $100 billion to LPO’s existing lending authorities and created LPO’s new Energy Infrastructure Reinvestment (EIR) Program with up to $250 billion for loan and/or loan guarantees to projects that retool, repower, repurpose, or replace energy infrastructure to avoid, reduce, utilize, or sequester air pollutants or greenhouse gases. LPO is currently accepting applications and actively underwriting and closing loans in all eligible project categories. Potential applicants can request a pre-application consultation by emailing lpo@hq.doe.gov.