Feds greenlight $26.5B loan to boost Georgia–Alabama power grid
TL;DR Summary
The Energy Department announced a $26.5 billion federal loan to utilities in Georgia and Alabama to finance electric power expansion, aiming to upgrade the region’s grid, support growth, and improve reliability.
- Feds announce $26.5 billion loan for electric power expansion in Georgia and Alabama AP News
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- US offers largest ever energy loan with $26.5 billion to Southern Co Yahoo Finance
- Alabama Power secures part of $26.5 billion loan for electrical grid upgrades AL.com
- Georgia Power gets largest federal energy loan to aid data center expansion AJC.com
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