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FEDERAL AGENCY · WASHINGTON, DC, USA
Federal lender for first-of-a-kind energy projects (loans and loan guarantees). energy.gov/lpo/loan-programs-office
Projects
5
0 operating
Buys from
0
projects
Funds
5
projects with its money
Money in
$6.5B
project-specific, disclosed
Builds
0
as developer
Coming up
PROJECT · CRANE CLEAN ENERGY CENTERRestart (Constellation target)
Londonderry Township, Dauphin County, PA
world-nuclear-news.org →+ THESISPOLICY45X: advanced manufacturing
Wind components end after 2027. Solar and battery components: 75% in 2030, 50% in 2031, 25% in 2032, none from 2033. Critical minerals: 75% in 2031, 50% in 2032, 25% in 2033, none from 2034. Affects Project AMAZE (Turtle Creek lines).
+ THESISLICENSING · DUANE ARNOLD RESTARTNRC restart decisions expected (before Jan 2028)
Palo, IA
thenextweb.com →+ THESISPOLICYDOE Energy Dominance Financing: Constellation and Alliant
Up to $5B conditional loan to Constellation for nuclear uprates (~1.1 GW) and a closed $5.1B loan to Alliant for gas, storage and upgrades (~2.6 GW). The office (formerly the Loan Programs Office) has over $300B of authority. Affects DOE Loan Programs Office.
+ THESISFUNDING · DUANE ARNOLD RESTARTDOE loan: DOE Loan Programs Office$1.9B
Closed · Up to $1.9B; financial close announced Sept 8, 2026
thenextweb.com →+ THESISPROJECT · PALISADES RESTARTMajor repair projects closed out; testing and readiness work remain before startup
Covert, MI
nucnet.org →+ THESISPROJECT · WILLOW ROCK ENERGY STORAGE CENTERGroundbreaking (planned mid-2026)
Rosamond, Kern County, CA
utilitydive.com →+ THESISPOLICYDOE Energy Dominance Financing: 10 large reactors
Up to $17.5B in conditional loans for ten Westinghouse AP1000 reactors at five sites; partners must commit $1B equity per project. Utility selections expected in the second half of 2026. Affects DOE Loan Programs Office.
+ THESISLICENSING · WILLOW ROCK ENERGY STORAGE CENTERCalifornia Energy Commission final license
Rosamond, Kern County, CA
utilitydive.com →+ THESISFUNDING · CRANE CLEAN ENERGY CENTERDOE loan: DOE Loan Programs Office$1.0B
Closed · LPO loan for the restart
ans.org →+ THESISOFFTAKE · DUANE ARNOLD RESTARTGoogle signs a 25-year agreement for most of the output
Palo, IA
thenextweb.com →+ THESISPROJECT · PALISADES RESTARTPlant returns to operational status, able to receive fuel
Covert, MI
enerdata.net →+ THESISLICENSING · PALISADES RESTARTNRC approves restart under the original operating license (to March 2031)
Covert, MI
enerdata.net →+ THESISPublic $6.5BPrivate $0incl. $1.8B conditional or pending
Recent
Developers it backs
Other buyers on these projects
Central Coast Community EnergyMicrosoftGoogleCentral Iowa Power CooperativeWolverine Power CooperativeHoosier Energy
Places
Coming up
STEP 1/4 · AT RISK LPO commitments placed under review (Jan 2025)The new administration paused and re-examined conditional commitments made in late 2024.
STEP 2/4 · AT RISK Willow Rock's $1.76B conditional loan in limboThe project is permitted but its federal loan guarantee is still under review.
STEP 3/4 · SECURE Closed loans standLoans that closed before the review, like Eos's, kept funding.
Critical inputs
Policy that applies