42 USC 16517 - Energy infrastructure reinvestment financing

U.S Code last checked for updates: Aug 23, 2025

§ 16517.

Energy infrastructure reinvestment financing

(a)

In general

Notwithstanding section 16513 of this title, the Secretary may make guarantees, including refinancing, under this section only for projects that—

(1)

retool, repower, repurpose, or replace energy infrastructure that has ceased operations;

(2)

enable operating energy infrastructure to increase capacity or output; or

(3)

support or enable the provision of known or forecastable electric supply at time intervals necessary to maintain or enhance grid reliability or other system adequacy needs.

(b)

Inclusion

(c)

Application

To apply for a guarantee under this section, an applicant shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary may require, including—

(1)

a detailed plan describing the proposed project; and

(2)

in the case of an applicant that is an electric utility, an assurance that the electric utility shall pass on any financial benefit from the guarantee made under this section to the customers of, or associated communities served by, the electric utility.

(d)

Term

(e)

Definition of energy infrastructure

(f)

Funding

(1)

In general

(2)

Administrative costs

(Pub. L. 109–58, title XVII, § 1706, as added Pub. L. 117–169, title V, § 50144(c), Aug. 16, 2022, 136 Stat. 2045; amended Pub. L. 119–21, title V, § 50403(a), July 4, 2025, 139 Stat. 152.)

cite as: 42 USC 16517