DOE gives $26.5 billion loan, largest ever, for energy projects in Alabama and Georgia

Published February 25, 2026 9:56am ET



The Department of Energy has finalized a $26.5 billion loan package to build and upgrade several gigawatts’ worth of power to be added to the electrical grids in Georgia and Alabama, marking the largest loan in the agency’s history. 

The Energy Department announced the record loan package on Wednesday morning, just hours after President Donald Trump delivered his State of the Union address to Congress. 

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