What is the latest status of the project “Loan Guarantee to PG&E”?

The status recorded for “Loan Guarantee to PG&E” is awarded.

What is the budget and commercial profile for the project “Loan Guarantee to PG&E”?

Taiyo normalizes the budget of “Loan Guarantee to PG&E” to USD 15000000000.

Where can I verify the source and access all details for “Loan Guarantee to PG&E”?

This Taiyo project page references POWER Magazine along with the original URL (https://www.powermag.com/bidens-doe-finalizes-15-billion-loan-guarantee-to-californias-pge/). Taiyo standardizes official data into a consistent, searchable project profile.

Loan Guarantee to PG&E

Sector: Energy Storage • Location: California, United States

Source: POWER Magazine

Project

Awarded

The Biden administration has finalized a $15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), marking the largest outlay to a single group in the history of the Department of Energy’s Loan Programs Office. This funding will support various infrastructure projects including upgrades to the transmission grid and the addition of battery energy storage.

Status: Closed
Sector: Energy Storage, Power Transmission, Commercial, Residential, Power Generation (CCGT)
Location: California, United States of America
Updated: 22 Jul 2026
Source: POWER Magazine

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Project Information

4 Q

The project “Loan Guarantee to PG&E” is an infrastructure initiative in the Energy Storage sector, located in California, United States. Taiyo aggregates data on it from POWER Magazine.

Participants

Not available for this record.

Status

Original status	awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The Biden administration has finalized a $15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), marking the largest outlay to a single group in the history of the Department of Energy’s Loan Programs Office. This funding will support various infrastructure projects including upgrades to the transmission grid and the addition of battery energy storage.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	California

Source

Source	POWER Magazine
URL

More Details

Record type	Project
Sector	Energy Storage, Power Transmission, Commercial, Residential, Power Generation (CCGT)
Article published date	2025-01-29

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