Trump administration canceled a $4.9B loan guarantee for a line to deliver green power

Jul 24, 2025 - 01:18
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Trump administration canceled a $4.9B loan guarantee for a line to deliver green power
The Trump administration has canceled a $4.9 billion federal loan guarantee for a new, 800-mile high-voltage transmission line for delivering solar and wind-generated electricity from the Midwest to the eastern U.S. The U.S. Department of Energy says Wednesday that it is not critical for the federal government to play a role in the first phase of Chicago-based Invenergy’s planned Grain Belt Express

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