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Energy Department Announces Largest Loan in Department History, Delivering Over $7 Billion in Electricity Cost Savings for Georgia and Alabama Customers - Department of Energy (.gov)

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TL;DR

The U.S. Department of Energy has issued its largest-ever loan of $26.5 billion to Southern Company, funding 5 GW of new gas and grid projects in Georgia and Alabama, expected to save customers over $7 billion in electricity costs.

  1. Energy Department Announces Largest Loan in Department History, Delivering Over $7 Billion in Electricity Cost Savings for Georgia and Alabama Customers  Department of Energy (.gov)
  2. US offers largest ever energy loan with $26.5 billion to Southern Co  Yahoo Finance
  3. DOE loans Southern $26.5B  The Hill
  4. Southern Company receives record $26.5B federal loan; Georgia customers could see lower power bills  WALB
  5. DOE loans Southern $26.5B for 5 GW of new gas, other grid investments  Utility Dive

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