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Loan Programs Office: Power of Financing Innovation

The Department of Energy's Loan Programs Office (LPO) was created by Congress in 2005 to help American innovative energy and advanced auto manufacturing projects overcome hurdles in obtaining loans to help bring new technologies to commercial deployment.

LPO issues loan guarantees for innovative clean energy projects and loans for advanced technology vehicles manufacturing projects through its Title XVII and ATVM programs.

LOAN PROGRAMS

Title XVII Innovative Clean Energy Projects Loan Program
Title XVII innovative clean energy projects loan program provides loan guarantees to accelerate the deployment of innovative clean energy
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Advanced Technology Vehicles Manufacturing (ATVM) Loan Program
Advanced Technology Vehicles Manufacturing (ATVM) loan program provides direct loans to automotive or component manufacturers
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RETURN ON LPO INVESTMENTS

DRIVING ECONOMIC GROWTH

REDUCING CARBON EMISSIONS

  • LPO portfolio has prevented 34.7 million metric tons of CO2 emissions — equivalent to 7.3 million cars off the road — through 2016
  • ATVM projects have saved 1.7 billion gallons of gasoline through 2016

LAUNCHING NEW MARKETS

 

STRONG FINANCIAL PERFORMANCE

LPO finances innovation, which carries some degree of financial risk. Thanks to rigorous due diligence and proactive portfolio management, LPO's portfolio compares favorably to private financing of conventional energy projects in the United States while protecting taxpayer interests. 

LPO Portfolio Performance Summary as of June 2017

MORE THAN 30 PROJECT LOCATIONS IN 18 STATES

LPO portfolio projects map

LPO manages a portfolio comprising more than $30 billion of loans, loan guarantees, and conditional commitments covering more than 30 projects. Learn more on the Portfolio Projects page.

FINANCING THE FUTURE

Loan Programs Office remaining authority

ADVANCED TECHNOLOGY VEHICLES MANUFACTURING DIRECT LOAN PROGRAM

Advanced Technology Vehicles Manufacturing (ATVM) Loan Program
Advanced Technology Vehicles Manufacturing (ATVM) loan program provides direct loans to automotive or component manufacturers
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TITLE XVII INNOVATIVE CLEAN ENERGY PROJECTS LOAN GUARANTEE SOLICITATIONS

Title XVII Advanced Fossil Energy Projects Solicitation
$8.5 billion in Title XVII loan guarantee authority for innovative advanced fossil energy projects
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Title XVII Advanced Nuclear Energy Projects Solicitation
$12.5 billion in Title XVII loan guarantee authority for innovative advanced nuclear energy projects
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Title XVII Renewable Energy & Efficient Energy Projects Solicitation
Up to $4.5 billion in Title XVII loan guarantee authority for innovative renewable energy & efficient energy projects
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LEARN MORE

Visit the Title XVII and ATVM Application Process pages and the LPO Online Application Portal for more information on how to apply to both programs.

For general information, download the LPO infographicLPO brochure, or LPO slide deck