DOE closes $3.26B loan to AEP Texas for 2,800 miles of transmission

The Department of Energy finalized a major loan to support AEP Texas's grid upgrade projects, addressing transmission capacity needed to accommodate 41 gigawatts of anticipated new demand growth.

First covered Jul 8, 2026 · 1:01 PM PT · 2 articles · no longer in the live window

DOE closes $3.26B loan to AEP Texas for 2,800 miles of transmission — Image via latitudemedia.com

Coverage

79d Utility Dive DOE closes up to $3.26B loan to AEP Texas — The money is intended to go towards upgrading and building transmission lines spanning roughly 2,800 miles.

80d Latitude Media DOE closes $3.26 billion transmission loan to AEP Texas — The loan will fund 2,800 miles of transmission infrastructure as the utility races to meet load growth.

Primary sources

energy.gov Energy Department Closes Loan to AEP Texas, Delivering Millions in Electricity Cost Savings for Texans

More coverage from around the web

aep.com AEP Texas Advances Reliability and Growth with Federal Funding Expected to Save Customers $685 Million

sanangelolive.com AEP Texas Secures Up to $3.26 Billion DOE Loan for Grid Modernization

washingtonexaminer.com Trump finalizes $3 billion loan to upgrade Texas grid for data center power demand

aep.com AEP Receives U.S. Department of Energy Loan Guarantee to Upgrade 5,000 Miles of Transmission Lines

utilitydive.com AEP, DTE and 6 other utilities win $22.9B in conditional loan guarantees from DOE | Utility Dive

Appeared in: 2026-07-08 (#1) · 2026-07-09 (#2) · 2026-07-10 (#13)

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