U.S. Department of Energy Loan Program Office

Grant Provider Washington, United States Est. 2005
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About

The Department of Energy’s Loan Programs Office (LPO) provides attractive debt financing for high-impact, large-scale energy infrastructure projects in the United States. The Department of Energy’s Loan Programs Office (LPO) provides attractive debt financing for high-impact, large-scale energy infrastructure projects in the United States.

LPO has issued tens of billions of dollars in strategic debt financing to transform the energy and transportation economy to benefit Americans. The loans helped launch the utility-scale solar and wind industries in America, have expanded domestic manufacturing of electric vehicles, and reviving nuclear energy in the United States.

While there is no minimum eligible project size, LPO typically finances projects of $100 million or more due to the fixed costs associated with the application process and loan monitoring.

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Investor Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

What is the primary function of the U.S. Department of Energy Loan Program Office (LPO)?
The U.S. Department of Energy Loan Program Office (LPO) provides attractive debt financing for high-impact, large-scale energy infrastructure projects in the United States.
What types of projects does the LPO typically finance?
The LPO typically finances projects of $100 million or more, focusing on transforming the energy and transportation economy. This includes launching utility-scale solar and wind industries, expanding domestic manufacturing of electric vehicles, and reviving nuclear energy in the United States.
Can you name a notable company in the LPO's portfolio and the type of investment it received?
According to startupim data, Nostromo Energy is a notable company in the LPO's portfolio, having received a $305 million debt financing in December 2024.
What is the LPO's sector concentration based on its portfolio?
The LPO's portfolio shows a concentration in the Energy Tech sector.
What is the typical investment range for the U.S. Department of Energy Loan Program Office?
The U.S. Department of Energy Loan Program Office's investment range is typically between $97 million and $100 million, though it finances projects of $100 million or more.
What was a recent significant loan announced by the DOE Loan Programs Office?
In December 2024, the DOE announced a $1.25 billion loan to EVgo to expand nationwide public fast charging infrastructure.
What are some of the key tags associated with the U.S. Department of Energy Loan Program Office's activities?
The key tags associated with the LPO's activities include clean-air, energy, solar-energy, electric-vehicles, carbon-capture, and batteries.