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DOE finalizes $3.26B loan to AEP Texas for 2,800 miles of transmission

The U.S. Department of Energy approved financing to expand high-capacity transmission infrastructure in Texas.

Published Jul 8, 2026, 4:00 PM EDT | WFMZZ

The U.S. Department of Energy on Wednesday finalized a $3.26 billion loan to AEP Texas, a subsidiary of American Electric Power. The financing will fund the deployment of about 2,800 miles of high-capacity transmission lines in Texas.

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