Trump admin approves $1.6B in financing for AEP transmission project

October 16, 2025 at 3:00 PM
Alexander Kaufman
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The Department of Energy has closed a $1.6 billion loan guarantee for transmission upgrades in the middle of the country — a move that comes as the Trump administration slashes funding for other grid improvements, including a separate transmission megaproject in the Midwest. The financing from the Department of…

The Department of Energy has closed a $1.6 billion loan guarantee for transmission upgrades in the middle of the country — a move that comes as the Trump administration slashes funding for other grid improvements, including a separate transmission megaproject in the Midwest. The financing from the Department of…

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