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American Recovery and Reinvestment Act Program Guide
 
Federal Loan Guarantees for Electric Power Transmission Infrastructure Investment Projects
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Federal Program Information
Federal Program Description

This solicitation invites applications for loan guarantees from the DOE for Transmission Infrastructure Investment Projects located in the US.  Projects that support the generation of power from renewable energy sources will receive special consideration.  An eligible project under this Solicitation shall consist of a complex electric transmission systems project located in the United States that: utilizes a commercial technology; is likely, to commence construction on or before September 30, 2011; cannot be financed from private sources on standard commercial terms and meets at least one of the following project criteria listed below:

  • involves new or upgraded lines of at least 100 miles of 500 kilovolts or higher or 150 miles of 345 kilovolts.
  • has at least 30 miles of transmission cable under water.
  • has a high voltage direct current component.
  • is a major interregional connector
  • designated as a National Interest Electric Transmission Corridor by DOE
  • associated with offshore generation, such as open ocean wave energy, ocean thermal, or offshore wind
  • mitigates a substantial reliability risk for a major population center

Interested parties should check the website of the U.S. Department of Energy for complete details.

CFDA Number 81.126
Assistance Type Guaranteed/Insured Loans
ARRA Citation Page 26: DIVISION A – Appropriations Provisions: TITLE IV – Energy and Water Development: Department of Energy: Energy Programs: Title 17-Innovative Technology Loan Guarantee Program
ARRA Reporting

Section 1512 of the Recovery Act requires extensive reporting from the prime recipients of Federal funding. Such recipient is required to report to DOE information relating to, among other things, numbers of jobs created and retained by the project, ten (10) days after the end of each calendar quarter.

Federal Agency Department of Energy
 
NYS Information
NYS Program Title Federal Loan Guarantees for Electric Power Transmission Infrastructure Investment Projects
NYS Agency Department of Public Service
Contact Michael Worden
Email michael_worden@dps.state.ny.us
Phone 518-486-2498
 
Program Funding
National Total $750,000,000 to pay the Credit Subsidy Costs of loan guarantees
NYS Share TBD
Flow of Funds

Application must be made directly to the Department of Energy. The application is divided into two parts, namely a Part I and a more detailed Part II. 

Deadline September 30, 2011
 
Federal Grant Notice(s)
Status Open
Title Federal Loan Guarantees for Electric Power Transmission Infrastructure Investment Projects DE-FOA-0000132
Eligible Entries

An eligible applicant under this Solicitation includes any applicant meeting the definition of “Applicant” set forth in Section 609.2 of Attachment G and seeking a loan guarantee under Section 1705 of Title XVII for an Eligible Project under this Solicitation.

Website https://www.fedconnect.net/FedConnect/?doc=DE-FOA-0000132&agency=DOE
Deadline September 16, 2009 (due date for Part I of application)
 
Awards and Outcomes
Website http://www.recovery.gov/transparency/pages/home.aspx?State=NY