Kerry Read

DOE Loan Programs Office

The U.S. Department of Energy's Loan Programs Office (LPO) provides debt financing for large-scale, innovative energy infrastructure and advanced automotive manufacturing projects in the United States. LPO administers three distinct loan programs, but each offers a similar value to borrowers: • Access to Debt Capital: LPO can provide first-of-a-kind projects and other high impact energy-related ventures with access to debt capital that private lenders cannot or will not provide. • Flexible Financing: LPO can provide flexible, custom financing that helps to meet the specific needs of individual borrowers. • Valuable Expertise: LPO encourages early engagement and is a valuable partner to applicants throughout the entire lifetime of a project. LPO currently has more than $40 billion in available loans and loan guarantees in the following areas: • Loan Guarantees for Innovative Energy Projects, including Advanced Fossil, Advanced Nuclear, and Renewable Energy & Efficient Energy • Direct Loans for Vehicle & Vehicle Component Manufacturing Projects • Partial Loan Guarantees for Tribal Energy Projects