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February 15, 2025
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LPO Offers Eight Utilities $22.9B in Loan Guarantees
Lower-cost Financing Would Help Pay for Generation, Transmission Projects
A DTE crew performs grid stability work in Wayne, Mich., in December. The Michigan utility is in line for billions in federal loan guarantees.
A DTE crew performs grid stability work in Wayne, Mich., in December. The Michigan utility is in line for billions in federal loan guarantees. | DTE
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The U.S. Department of Energy has made conditional loan commitments totaling $22.9 billion to utilities for transmission, pipeline and clean power investments. 
GenerationLoan Programs Office (LPO)Renewable PowerTransmission