LP1-DEL-CIO-2025, Redelegation to the Chief Investment Officer, Loan Programs Officer
Re-delegated From:
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Section 1
DEPARTMENT OF ENERGY
REDELEGATION ORDER NO. LP1-DEL-CIO-2025 TO THE CHIEF
INVESTMENT OFFICER, LOAN PROGRAMS OFFICE
1. REDELEGATION. Under the authority vested in me as the Director, Loan Programs
Office, and pursuant to section 642 of the Department of Energy Organization Act
(Public Law 95-91, 42 U.S.C. 7252) and Redelegation Order No. S3-DEL-LP1-2025, I
delegate to the Chief Investment Officer, Loan Programs Office, authority to take the
following actions:
1.1 Serve as the Contracting Officer to enter into, administer, and terminate:
A. Loan guarantees and loan guarantee agreements and all related
nonprocurement documents associated with loan guarantees issued
pursuant to Title XVII of the Energy Policy Act of 2005, as amended (42
U.S.C. 16511-16514) (“Title XVII”) (such agreements and documents,
collectively “Title XVII Loan Guarantee Agreements”).
B. Loan guarantees and loan guarantee agreements and all related
nonprocurement documents associated with loan guarantees issued
pursuant to Title XXVI of the Energy Policy Act of 1992, as amended (25
U.S.C. 3502(c)) (“TELGP”) (such agreements and documents, collectively
“TELGP Loan Guarantee Agreements” and, together with Title XVII Loan
Guarantee Agreements, “Loan Guarantee Agreements”).
C. Loan agreements and related nonprocurement documents associated
with loans issued pursuant to section 136(d) of the Energy Independence
and Security Act (42 U.S.C. 17013(d)) (the “ATVM Statute”) (such
agreements and documents, collectively “ATVM Loan Agreements”).
D. Term sheets and conditional commitments related to Loan Guarantee
Agreements and ATVM loan Agreements (the “Conditional
Commitments”).
E. The foregoing authority (under subparagraphs A through D above) to
administer Loan Guarantee Agreements, ATVM Loan Agreements and
Conditional Commitments shall include, without limitation, the authority
to:
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1. Extend the date by which an offer of a Conditional
Commitment must be accepted;
2. Extend the expiration date of a Conditional Commitment;
3. Enter into amendments to, or waivers and consents
respecting the provisions of, Loan Guarantee
Agreements, ATVM Loan Agreements, and Conditional
Commitments, including in connection with the work-out
or restructuring plan approved by the Director, Loan
Programs Office, after consultation with the Secretary.
4. Conduct coordination and outreach under Title XVII and the
ATVM Statute, and to respond to requests regarding the
status of an application for a loan guarantee in accordance
with Title XVII pursuant to 42 USC 16512(n) and (o).
5. Consult with the Secretary of the Treasury regarding the
restructuring of a loan guarantee under Title XVII and the
Secretary of the Treasury written analysis pursuant to 42
U.S.C. 16512(m)(1) and (2).
1.2 The foregoing authority shall be exercised only after the Secretary; the
Under Secretary (for Infrastructure); or his/her delegate has:
1.2.1 With respect to a Loan Guarantee Agreement or ATVM Loan
Agreement, granted final approval of such agreement; or
1.2.2 With respect to a Conditional Commitment, granted approval of
such Conditional Commitment.
1.3 Pursuant to Sec. 40304, IIJA (Pub. L. 117-58); Subtitle J, EPAct 2005 (42
U.S.C. 16371-78), execute all activities necessary to carry out a carbon
dioxide transportation infrastructure finance and innovation program,
in consultation and coordination with the Office of Fossil Energy and
Carbon Management.
Section 2
1.4 Pursuant to Section 50151 of the Inflation Reduction Act of 2022 (IRA)
(Pub. L. 117-169), administer the Transmission Facility Financing
Program, in consultation and coordination with the Grid Deployment
Office.
2. LIMITATION.
3.1 In exercising the authority delegated in this Order, a delegate shall be
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governed by the rules and regulations of the Department of Energy and
the policies and procedures prescribed by the Secretary.
3.2 Nothing in this Order precludes the Secretary; the Under Secretary (for
Infrastructure); or the Director, Loan Programs Office from exercising
any of the authority delegated by this Order.
3.3 Any amendments to this Order shall be made in consultation
with the Department of Energy General Counsel.
3. AUTHORITY TO REDELEGATE. These authorities may not be redelegated.
4. DURATION AND EFFECTIVE DATE.
5.1 All actions pursuant to any authority delegated prior to this Order or
pursuant to any authority delegated by this Order taken prior to an in
effect on the date of this Order are ratified and remain in force as if taken
under this Order, unless or until rescinded, amended or superseded.
5.2 This Order is effective as of January 16, 2025.
__________________
Jigar Shah
Director
Loan Programs Office
2025-01-16T15:16:38-0500
JIGAR SHAH