Tribal Energy Financing: Introduction to the Tribal Energy Loan Guarantee Program (TELGP)

Tribal Energy Financing: Introduction to the Tribal Energy Loan Guarantee Program (TELGP)

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5 Video Views·Nov 28, 2022

The Loan Programs Office’s Tribal Energy Loan Guarantee Program (TELGP) provides access to debt capital for Tribal ownership of energy projects to support energy access, economic development, and self-determination. TELGP addresses Tribal energy security and economic development by enabling energy infrastructure development and providing both direct loans and loan guarantees to help Tribes finance energy infrastructure projects.

The Inflation Reduction Act increased the aggregate amount of loans available under TELGP from $2 billion to $20 billion, which dramatically expands LPO’s ability to provide support to Tribal communities. The IRA also permanently extended the ability for borrowers to apply for direct loans through the U.S. Treasury’s Federal Financing Bank (FFB) via TELGP.

Interested applicants are encouraged to check out our website at energy.gov/LPO to learn more about the application process, and reach out to us for a free, no-risk pre-application consultation at [email protected].