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December 5, 2025
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AEP Closes on $1.6B Loan Guarantee for Transmission Projects
DOE Financing Will Reduce Cost of 5,000 Miles of Line Upgrades
The U.S. Department of Energy announced $1.6 billion in loan guarantees to AEP for approximately 5,000 miles of transmission upgrades in five states.
The U.S. Department of Energy announced $1.6 billion in loan guarantees to AEP for approximately 5,000 miles of transmission upgrades in five states. | Shutterstock
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AEP Transmission plans to rebuild or upgrade 5,000 line-miles in Indiana, Michigan, Ohio, Oklahoma and West Virginia.
Company NewsTransmission