DOE approves $1.6B loan guarantee for Midwest transmission upgrades
TL;DR Summary
The Energy Department finalized a $1.6 billion loan guarantee for American Electric Power to upgrade and rebuild 5,000 miles of transmission lines across five states, aiming to modernize the grid, expand capacity, and support economic growth, with the project benefiting from recent policy changes and emphasizing the role of government in strategic energy infrastructure.
- DOE closes $1.6 billion transmission loan guarantee for utility giant Axios
- Energy Department offers $1.6 billion loan guarantee to upgrade transmission lines across Midwest AP News
- Not all grid projects are feeling Trump’s ax Politico
- Trump finalizes $1.6B loan for power lines initiated by Biden The Hill
- E&E News: DOE approves $1.6B loan guarantee to rebuild transmission lines POLITICO Pro
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