Energy Department Cancels Loan for Grain Belt Express Power Line
Originally Published 5 months ago — by The New York Times
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.