Tribal Energy Loan Guarantee Program

Type: 
Funding
Grant Deadline: 
09/19/2018
Organization: 
DOE
Description: 

This solicitation announcement (including all Attachments, the “Solicitation”) invites the submission of applications from qualified financial institutions for partial, risk-sharing loan guarantees from the United States Department of Energy (“DOE” or the “Department”) under Section 2602(c) of the Energy Policy Act of 1992, as amended (25 USC Section 3502(c)) (the “Act”), in support of debt financing for tribal energy development projects, as described in this Solicitation, that are located in the United States. The Act authorizes a new federal loan guarantee program (the “Tribal Energy Loan Guarantee Program” or “TELGP”) intended to benefit federally recognized Indian tribes and Alaska Native corporations, by increasing the capacity of the commercial debt markets for their energy development initiatives.

Category: 
energy, tribal energy, development, capacity building
Funding Amount: 
varies
Matching Funds: 
Yes

Geography:

Eligibility: 
Loan guarantees under this Solicitation are available for loans made to Indian tribes or Alaska Native corporations that are recognized as eligible for the special programs and services provided by the United States to Indians because of their status as Indians, or duly authorized and existing corporate entities, wholly-owned or controlled by the above