Andrew McCabe, Department of Energy’s Loans Programs Office
Mr. Andrew McCabe is the Director of the Risk Management Division (RMD) for the Department of Energy’s Loans Programs Office (LPO). To the task of transaction risk management, Mr. McCabe brings his over twenty years of corporate and project finance experience, achieved in both private sector and government agency environments.
Mr. McCabe reviews the work of Portfolio Management Division (PMD) in its management of a $30 billion portfolio of loans supporting renewable energy and energy efficiency, advanced technology vehicle manufacturing, advanced fossil, nuclear, and related transmission infrastructure projects, and the risk evaluations of later-phase new loan applications under open LPO solicitations. In close collaboration with other staff, Mr. McCabe also facilitates the further development of LPO’s broader, Enterprise Risk Management-specific policies, procedures and compliance assurance plans.
Prior to joining LPO as its Director of Risk Management, Mr. McCabe was the Deputy Vice President of Asset Management at the Export-Import Bank of the United States, where he led teams responsible for major project and corporate loan restructurings and recoveries. Prior to that, Mr. McCabe was a senior portfolio manager within PMD. Mr. McCabe has also held previous positions with ABN AMRO Bank, the Overseas Private Investment Corporation and Friedman, Billings, Ramsey Group, Inc., financing and managing a diversity of financial assets in the real estate, power and high-tech sectors in the United States and abroad.
Mr. McCabe earned an MBA from University of South Carolina’s MIBS Program, a MA in Russian and East European Studies from George Washington University and a BA from Kenyon College.