NYSERDA’s State Energy Financing Fund and DOE’s Loan Programs Office: Financing Clean Energy at the State Level

Under the Title 17 Clean Energy Financing Program, the U.S. Department of Energy’s Loan Programs Office (LPO) can provide loan guarantees for projects that support clean energy deployment. The Bipartisan Infrastructure Law grants certain clean energy projects supported by State Energy Financing Institutions (SEFIs), including those using commercially available technologies like wind and solar, access to LPO financing. This new authority, bolstered with funds from the Inflation Reduction Act, opens up billions of federal dollars to state energy offices, green banks, and other public financing organizations that qualify as SEFIs. NYSERDA recently became the first state to take advantage of LPO’s new authority, launching the $20 million State Energy Financing Fund, designed to unlock complementary state funding and federal loan guarantees to help finance technologies to decarbonize the built environment.

In this webinar hosted by the Clean Energy States Alliance (CESA), speakers from NYSERDA and LPO explained how New York is taking advantage of LPO’s new expanded Title 17 loan authority and how other states can reach similar agreements with LPO and access federal funding for clean energy projects.

Speakers:

• Luis Aguirre-Torres, NYSERDA
• Greg Hale, NYSERDA
• John Joshi, NYSERDA
• Elizabeth Wolfe, DOE Loan Programs Office
• Hans Riemer, DOE Loan Programs Office

Moderator: Sam Schacht, Clean Energy States Alliance

This webinar is presented as part of CESA’s IRA & BIL Implementation Initiative.