Thursday, February 26, 2026
US offers largest ever energy loan with $26.5 billion to Southern Co- oil and gas 360

US offers largest ever energy loan with $26.5 billion to Southern Co

(BOE Report) – The U.S. Energy Department has offered a $26.54 billion loan to subsidiaries of Southern Co to increase grid reliability, the largest ever such financing by its loan office, the department said on Wednesday. The loans will save power customers in Georgia and Alabama more than $7 billion, the department said, without detailing how. Southern said last year