News
16 October 2025

AEP closes $1.6bn loan for US Midwest grid project

In:
Power
Region:
Americas

American Electric Power (AEP) has closed a $1.6 billion loan guarantee from the US Department of Energy to overhaul 5,000 miles of transmission lines in the US Midwest.The financing, arranged through the DOE’s Loan Programs Office, will be used to reconductor and rebuild transmission lines...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...

Perspective
31 March 2026

Has SkyNRG removed doubts about SAF’s future?

The financing for SkyNRG’s DSL-01 SAF plant represents a bold bet on the fuel by its offtaker KLM. Until the industry can silence doubts about costs and policy support,...