Transmission Facility Financing
Contract Overview
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The Transmission Facility Financing Program, administered directly by the Department of Energy, provides direct loans to support the construction or modification of transmission facilities. To be eligible, projects must be located within a National Interest Electric Transmission Corridor and be designated by the Secretary as being in the national interest under section 216(a) of the Federal Power Act. This initiative focuses on energy and infrastructure development under NAICS code 221121. The program is currently listed as a forecast with a status of pending additional information, serving as a specialized financial assistance mechanism to enhance the national electric transmission grid.
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Organization & Contact Information
Full Description
Eligible uses: Construction or modification of transmission facilities designated by the Secretary to be in the national interest under section 216(a) of the Federal Power Act.
Program administrator: Direct federal
Program status: New: Pending additional information
Financial instrument: Other Financial Assistance
Topics: Energy, Infrastructure
Additional information: https://www.energy.gov/gdo/transmission-facility-financing-program
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