Energy Department Closes Loan Guarantee to Strengthen U.S. Grid Reliability

Oct 16, 2025

Financing

On October 16, 2025, U.S. Secretary of Energy Chris Wright announced that the Department of Energy’s Loan Programs Office (LPO) finalized a key loan guarantee. This essential financial action is specifically designed to strengthen grid reliability across the midwestern region of the United States. A primary objective of securing this loan guarantee is ensuring lower electricity costs for consumers throughout the region.

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© 2025 TomorrowIQ

© 2025 TomorrowIQ

© 2025 TomorrowIQ