The Las Americas Energy Security Act establishes a lending program to help Latin American and Caribbean countries develop secure, reliable energy systems while transitioning to clean energy. The bill authorizes $100 million annually from 2026 through 2031 for zero-interest loans (up to 30 years) or low-interest loans (up to 50 years) to eligible countries for energy projects, renewable energy development, technical assistance, and battery storage solutions. The legislation also directs the State Department and other federal agencies to provide diplomatic support and funding for energy infrastructure projects in the region, with preference given to countries that share democratic values and are members of organizations like the Alliance for Development in Democracy or CARICOM. Loans and projects must exclude any involvement with Chinese, Russian, or other foreign adversary entities, and the Treasury and State Departments must submit annual reports to Congress on program progress and effectiveness, with independent audits required each year.
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