Energy Department Cancels Loan for Grain Belt Express Power Line
TL;DR Summary
The U.S. Energy Department canceled a $4.9 billion loan guarantee for the controversial Grain Belt Express transmission project, citing unlikely conditions for support and concerns over taxpayer resources, which may jeopardize the $11 billion infrastructure aimed at transmitting wind energy across the Midwest amid opposition from landowners and Republican lawmakers.
Topics:nation#energy#energy-department#grain-belt-express#loan-cancellation#missouri-opposition#transmission-project
- Energy Dept. Cancels Loan Commitment for Grain Belt Express The New York Times
- Department of Energy Terminates Taxpayer-Funded Financial Assistance for Grain Belt Express Department of Energy (.gov)
- Trump administration cancels pending loan for massive power line project Politico
- Energy Department ends Biden-awarded loan for huge Midwest power line Axios
- Trump administration kills $5B loan for Grain Belt Express STLPR
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