DOE Loan Programs Office
The DOE Loan Programs Office (LPO) provides debt financing for innovative energy projects, including advanced nuclear reactors, under Title 17 of the Energy Policy Act.
LPO has authority for up to $40 billion in loan guarantees, with recent conditional commitments to NuScale ($1.4B) and TerraPower. It supports first-of-a-kind deployments to bridge commercial gaps. As of 2024, nuclear portfolio includes Vogtle AP1000 financing.
Why it matters now
LPO loans in 2025-2026 will de-risk SMR factory builds for data center demand, complementing NRC licensing amid HALEU ramp-up.