Working with LPO: What is a Conditional Commitment?

With LPO's announcement this month of another conditional commitment for U.S. Department of Energy (DOE) project financing (https://lnkd.in/dhCeYPp5) you may be wondering: what exactly is a "conditional commitment" and how is it different from a loan or loan guarantee? When LPO announces a conditional commitment, what does that mean?

In this brief video, LPO Director Jigar Shah walks through what a conditional commitment is and how it fits into LPO's loan transaction process.

Learn more about conditional commitments at: https://lnkd.in/gGpPz9bn, see the full video transcript at: https://lnkd.in/gkEDPkHs, and find this and other LPO videos online at: https://lnkd.in/gFDjiJYS

Reposted to Energy Central from: https://www.linkedin.com/company/doe-loan-programs-office/