LPO’s Energy Infrastructure Reinvestment (1706) Program

The DOE Loan Programs Office Energy Infrastructure Reinvestment (EIR, section 1706) category of the Title 17 Clean Energy Financing Program is open for business.

Created by President Biden’s Inflation Reduction Act, EIR financing can support projects that either: (1) retool, repower, repurpose, or replace energy infrastructure that has ceased operations; provided that if the project involves electricity generation through the use of fossil fuels, it is required to have controls or technologies to avoid, reduce, utilize, or sequester air pollutants and anthropogenic emissions of greenhouse gases; or (2) projects that enable operating energy infrastructure to avoid, reduce, utilize, or sequester air pollutants or anthropogenic emissions of greenhouse gases. The scope of a project receiving EIR financing may include remediation of environmental damage associated with energy infrastructure.