Southern Co. Lands Largest Loan in DOE History—$26.5B for Gas, Nuclear, and Grid Projects
by Sonal Patel from POWER Magazine on (#73VZ8)
The Department of Energy (DOE) has closed a $26.54 billion loan package-the largest single loan commitment in the agency's history-with Southern Co. subsidiaries Georgia Power and Alabama Power to finance more than 16 GW of firm" generation and more than 1,300 miles of transmission infrastructure and grid enhancement across the Southeast. The transaction, announced Feb. [...]
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