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December 3, 2024
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LPO Announces $4.9B Conditional Loan for Invenergy’s Grain Belt Express
Rivian Could Receive $6.57B to Restart Work on Georgia Factory
LPO's conditional loan of $4.9 billion will be used to help finance Phase 1 (in yellow) of the Grain Belt Express, a 2,500-MW interregional transmission line running approximately 578 miles from Ford County, Kansas, to Callaway County, Missouri.
LPO's conditional loan of $4.9 billion will be used to help finance Phase 1 (in yellow) of the Grain Belt Express, a 2,500-MW interregional transmission line running approximately 578 miles from Ford County, Kansas, to Callaway County, Missouri. | Invenergy
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The Department of Energy’s Loan Programs Office announced three conditional loans totaling more than $11 billion, to be used to build interregional transmission, an electric vehicle factory and virtual power plants.
Company NewsEnergy StorageLoan Programs Office (LPO)Public PolicySolar PowerTransmission