Energy Infrastructure Reinvestment Financing
Type
Funding
Grant Deadline
Organization
US Dept. of Energy
Description
This program will guarantee loans to projects that retool, repower, repurpose, or replace energy infrastructure that has ceased operations or that enable operating energy infrastructure to avoid, reduce, utilize, or sequester air pollutants or anthropogenic emissions of greenhouse gases. The IRA placed a total cap on loan guarantees of up to $250 billion and appropriated $5 billion in credit subsidy to support these loan guarantees under section 1706 of the Energy Policy Act of 2005.
Category Taxonomy
Funding Amount
$5,000,000,000 of credit subsidy appropriations
Loan guarantee authority of up to $250,000,000,000
Loan guarantee authority of up to $250,000,000,000
Matching Funds
N/A. Loan amount cannot exceed 80% of eligible project costs
Geography
Eligibility
Program design and rulemaking is underway to refine definition of eligible recipients. Anticipated: States, Counties, Cities / Townships, Special Districts, Tribal Governments (federally recognized), Tribal Governments (other than federally recognized), Independent School Districts, Public Higher-Ed Institutions, Private Higher-Ed Institutions, Public Housing Authorities, Indian Housing Authorities, Nonprofits with 501(c)(3) status, Nonprofits without 501(c)(3) status, Small Businesses, Businesses (other than small businesses)
Contact Information
U.S. Department of Energy LP 10
1000 Independence Avenue, SW
Washington D.C. 20585
Phone: 202-287-5900
For general and Title 17 Clean Energy Financing Project inquiries: lpo@hq.doe.gov
1000 Independence Avenue, SW
Washington D.C. 20585
Phone: 202-287-5900
For general and Title 17 Clean Energy Financing Project inquiries: lpo@hq.doe.gov
Status/Type
Grant
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