AEP Texas secures $3.26 billion federal loan for grid modernization

USAEP Texas

AEP Texas has secured a major federal loan of up to $3.26 billion to upgrade its electricity grid in the Lone Star State. This significant investment aims to bolster grid reliability and resilience, which is crucial for supporting the increasing demands of electrification, including the growing number of electric vehicles.

Daily Newsletter

Get EV news delivered to you.

EV Digest delivered to you each morning. Free. Unsubscribe anytime.

Read the original
Reuters Autos (Google News)

EV Digest summarizes news in our own words and links to the original publisher. We do not republish full articles.

Share FacebookX LinkedIn
Daily Newsletter

Get EV news delivered to you.

EV Digest delivered to you each morning. Free. Unsubscribe anytime.