DOE Closes $3.26 Billion Transmission Loan to AEP Texas

The U.S. Department of Energy has closed a loan of up to $3.26 billion to AEP Texas to finance a portfolio of nearly 100 transmission projects, the agency’s Office of Energy Dominance Financing (EDF) said on July 8. The financing will fund the rebuilding, reconductoring, and new construction of roughly 2,800 miles of transmission lines across […] The post DOE Closes $3.26 Billion Transmission Loan to AEP Texas appeared first on POWER Magazine .