DOE Energy Infrastructure Reinvestment (EIR) Loan Guarantee Program
DOE loan guarantees for projects that retool, repower, repurpose, or replace energy infrastructure to reduce emissions, with up to $250 billion authority.
About this program
Under Section 1706 of the Energy Infrastructure Reinvestment program, DOE can guarantee loans for projects that retool, repower, repurpose, or replace energy infrastructure that has ceased operations, or enable operating energy infrastructure to reduce greenhouse gas and air pollutant emissions. Created by the IRA, EIR has $5 billion of credit subsidy through September 30, 2026 to back up to $250 billion in loans. Projects can include repurposing shuttered fossil energy sites for clean energy use, retooling former power plants, or installing CCUS at operating facilities. EIR does not require innovative technology.
Eligibility
Project sponsors that own or lease U.S. energy infrastructure that has ceased operations, or operating energy infrastructure being modified to reduce emissions. Regulated utility applicants must demonstrate financial benefits will be passed to ratepayers.
Requirements
- Request a pre-application consultation with the DOE EDF office
- Submit Part I application with project, financial, and technical descriptions
- Provide community benefits and environmental review plans