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...

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