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Transmission Facility Financing

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The Transmission Facility Financing Program, administered directly by the Department of Energy, provides direct loans to support the construction or modification of transmission facilities. To be eligible, projects must be located within a National Interest Electric Transmission Corridor and be designated by the Secretary as being in the national interest under section 216(a) of the Federal Power Act. This initiative focuses on energy and infrastructure development under NAICS code 221121. The program is currently listed as a forecast with a status of pending additional information, serving as a specialized financial assistance mechanism to enhance the national electric transmission grid.

General Info

DOE provides direct loans for national interest electric transmission facility construction and modification.

Place of Performance

Not specified

Set-Aside

NONE

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Organization & Contact Information

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AgencyDepartment of Energy
ContactsNo contacts available
OfficeWY, USA
Organization / AgencyDepartment of Energy
Office AddressWY, USA
ContactsNo contact information available

Full Description

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The Transmission Facility Financing (TFF) Program provides direct loans for eligible transmission projects within a National Interest Electric Transmission Corridor (NIETC).
Eligible uses: Construction or modification of transmission facilities designated by the Secretary to be in the national interest under section 216(a) of the Federal Power Act.
Program administrator: Direct federal
Program status: New: Pending additional information
Financial instrument: Other Financial Assistance
Topics: Energy, Infrastructure
Additional information: https://www.energy.gov/gdo/transmission-facility-financing-program

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NAICS: 221121
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The Affordable Rural Cooperative (ARC) Energy Program, administered by the Rural Utilities Service (RUS) under the USDA, is providing approximately 175 million dollars in loan and grant funding to support the deployment of emission-free nuclear power supply and advanced transmission infrastructure. Authorized under Section 22004 of the Inflation Reduction Act of 2022, the program aims to increase the resiliency, reliability, and affordability of rural electric systems while achieving significant net emission reductions. Funding is split equally between two categories: Eligible Energy and Transmission Energy Efficiency Improvements. For project and system loans, the RUS will finance up to 75 percent of total capitalized costs, requiring awardees to provide at least 25 percent in cash or equity, though certain grants or tax credits may be used toward this requirement. The application process is a two-stage competition starting with a Letter of Interest (LOI) submitted via Grants.gov between October 19, 2026, and November 20, 2026. Eligible entities must have an active SAM registration and a Unique Entity Identifier to apply. LOIs are evaluated based on reliability, resiliency, affordability, financial feasibility, and project timing, with the New Clean Power Tool used to measure projected emission reductions. Only those who receive an Invitation to Proceed may submit a full application within 90 days of the invitation. Awarded projects must commence after the notice publication date and be completed by September 30, 2031, with a performance period of four years from the date of environmental clearance. All awardees must comply with Buy America requirements and federal non-discrimination laws.
Rural Utilities Service

POSTED

about 2 months ago

DEADLINE

in 15 days
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