DOE announces EDF loan revision
The U.S. Department of Energy (DOE) announced on Jan. 22, 2026, that the Office of Energy Dominance Financing (EDF) is restructuring, revising, or eliminating more than $83 billion in Green New Scam loans and conditional commitments. This action follows a first-year review of the previous administration’s $104 billion principal loan obligations.
Previously known as the Loan Programs Office, EDF continues to reform the office to more responsibly steward taxpayer dollars and support financing opportunities that accelerate the deployment of affordable, reliable, and secure American energy.
EDF has eliminated around $9.5 billion in government-subsidized, intermittent wind and solar projects, and is replacing them with investments in natural gas and nuclear uprates that provide more affordable and reliable energy. Of the $104 billion in principal loan obligations, EDF has completed or is in the process of de-obligating almost $30 billion, with another $53 billion in revision.
