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Working with LPO: What is a Conditional Commitment?

Jigar Shah's picture
Director, Loan Programs Office , U.S. Department of Energy

Jigar Shah was most recently co-founder and President at Generate Capital, where he focused on helping entrepreneurs accelerate decarbonization solutions through the use of low-cost...

  • Member since 2017
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  • Jan 31, 2023
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With LPO's announcement this month of another conditional commitment for U.S. Department of Energy (DOE) project financing (https://lnkd.in/dhCeYPp5) you may be wondering: what exactly is a "conditional commitment" and how is it different from a loan or loan guarantee? When LPO announces a conditional commitment, what does that mean?

In this brief video, LPO Director Jigar Shah walks through what a conditional commitment is and how it fits into LPO's loan transaction process.

Learn more about conditional commitments at: https://lnkd.in/gGpPz9bn, see the full video transcript at: https://lnkd.in/gkEDPkHs, and find this and other LPO videos online at: https://lnkd.in/gFDjiJYS

 

 

Reposted to Energy Central from: https://www.linkedin.com/company/doe-loan-programs-office/ 

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