Energy Department Offers $1.6 Billion Loan Guarantee to Upgrade Lines Across Midwest
Transformers and power transmission lines in a power distribution yard on Aug. 18, 2003 in Des Plaines, Illinois. Tim Boyle/Getty Images The Trump administration finalized a $1.6 billion loan guarantee on Oct. 16 through the Department of Energy to upgrade nearly 5,000 miles of transmission lines throughout five states, mostly in the Midwest. The project