DOE Closes $5.1 Billion Loan for Alliant Energy: Adding Firm Power, Cutting Costs, and Strengthening the Grid in Iowa and Wisconsin

On October 28, 2026, the U.S. Department of Energy’s Office of Energy Dominance Financing closed a $5.1 billion, 30-year loan package to Alliant Energy subsidiaries serving Iowa and Wisconsin. The financing supports new natural gas generation, energy storage, and upgrades that will add more than 2.6 GW of firm or upgraded capacity—enough to power the […]

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Virginia’s $67B Dominion-NextEra Merger Faces Rate Freeze Demands, Staff Rejection Call Ahead of Nov. 17 Hearing

Virginia’s State Corporation Commission (SCC) is set to scrutinize NextEra Energy’s proposed roughly $67 billion all-stock acquisition of Dominion Energy in an evidentiary hearing beginning November 17, with a decision deadline in mid-January 2027. The deal, announced in May 2026, would create one of the largest regulated U.S. electric utilities, serving about 10 million customer […]

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