There's been a lot of news about conditional commitments for U.S. Department of Energy (DOE) loans via LPO financing programs lately (11 announced projects in less than two years for a total of over $20 billion in conditionally committed clean energy and advanced transportation project financing, to be exact!) But what exactly is a "conditional commitment" from LPO, where does it fit into LPO's loan transaction process, and how does it differ from a loan or loan guarantee?
Find the answers to these questions, examples of "conditions precedent", and what happens at financial close for LPO loans and loan guarantees in this latest installment of our "Getting to Know LPO" blog series:Â https://lnkd.in/gkhfhYHZ
#DOELPO #FinancingAmericanEnergy #BridgeToBankability #DeployDeployDeploy #Liftoff #OpenForBusiness #BuiltInAmerica #FinancingInnovation #FinancingImpact #FinancingClimateSolutions #FinancingCleanEnergy #FinancingEnergyInfrastructureReinvestment #FinancingAdvancedTransportation #FinancingTribalEnergy #FinancingCO2TransportationInfrastructure #GetToKnowLPO #ConditionalCommitment
