Help DOE Develop the Tribal Energy Loan Guarantee Program

Help DOE Develop the Tribal Energy Loan Guarantee Program: Provide Input by June 15

The DOE Loan Programs Office (LPO) is tasked with developing the Tribal Energy Loan Guarantee Program (TELGP) to increase the capacity of the commercial lending market to finance tribal energy development activities through the issuance of partial loan guarantees.

The Department is authorized to guarantee up to $2 billion in loans to Indian tribes for energy development. The goal of TELGP is to provide economic opportunities to tribes through energy development projects and activities by increasing the availability of commercial debt financing rather than replacing existing debt markets. In the longer term, LPO hopes TELGP will catalyze sustained investment in tribal communities by the private sector.

For more details about how LPO envisions designing TELGP, read the introduction letter DOE sent to tribal leaders. This blog provides additional information on the program.

LPO is seeking comments and input from tribes through June 15, 2018. Please submit comments or questions via email to TELGP@hq.doe.gov.

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