S&C Advises U.S. Department of Energy on Historic $26.5 Billion in Loan Guarantees to Finance Improvement of Electrical Grids in Alabama and Georgia
The U.S. Department of Energy’s Office of Energy Dominance Financing finalized a total of $26.5 billion in loan guarantees for Alabama Power Company and Georgia Power Company, with $22.4 billion for Georgia Power and $4.1 billion for Alabama Power, in the department’s largest-ever single credit provision.