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
11 May 2026

Creative offtakes to drive Europe's BESS boom

A combination of cheaper input costs, a benevolent policy environment and plentiful equity is driving a surge in battery storage financings in Europe. But sponsors have had to...

Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...