The Department of Energy said Thursday that it had finalized a $1.6 billion loan guarantee to upgrade around 5,000 miles of transmission lines.
The grid upgrades would ease the flow of electricity in Indiana, Michigan, Ohio, Oklahoma, and West Virginia. The project, which will address lines owned by American Electric Power (AEP), won’t add any new routes, but it will help existing ones carry more power.
AEP is one of the largest utilities and transmission line owners in the U.S., with operations
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