
American Electric Power’s Texas unit secured a DOE loan of up to $3.26 billion to fund infrastructure investments. The funding is a positive balance-sheet catalyst, supporting capex plans, though it is unlikely to be market-wide given it is company-specific.
American Electric Power’s Texas unit secured a DOE loan of up to $3.26 billion to fund infrastructure investments. The funding is a positive balance-sheet catalyst, supporting capex plans, though it is unlikely to be market-wide given it is company-specific.
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mildly positive
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