The US Department of Energy’s Loan Programs Office (DOE LPO) on October 16, 2025, announced that it has closed a USD1.6 billion loan guarantee to a subsidiary of American Electric Power (AEP), to reconductor and rebuild around 5,000 miles (8,047 km) of transmission lines across Indiana, Michigan, Ohio, Oklahoma, and West Virginia. The AEP loan will reportedly bolster reliability, […]
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