Transmission upgrades across New Jersey service territory
EIR conditional commitment for JCP&L transmission upgrades. Status pending Trump admin review.
$716M
Deal Value
Other
Technology
NJ
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Jersey Central Power & Light (FirstEnergy)
- Buyer / Financier
- DOE Loan Programs Office
- Deal Value
- $716M
- Stage
- Development
- ISO/RTO
- PJM
- Source
- Daily Energy Insider
Capital Structure
$716M
Total transaction value
Tranches
- DOE Loan Guarantee · DOE Loan Programs Office (Title 17)
- $716M
Finance Counterparties
Lenders & Capital Providers
- lender
- DOE LPO (EIR Program)
Related Deals
Palisades Nuclear Plant restart — 800 MW nuclear generating station, Covert Township, Michigan
Holtec Palisades LLC → DOE Loan Programs Office
$1.52B
Project Marahu — 200 MW solar PV + 285 MW/1,140 MWh BESS in Guayama and Salinas, Puerto Rico
AES / TotalEnergies (Clean Flexible Energy LLC) → DOE Loan Programs Office
$861.3M
Project Horizon — EV manufacturing facility, Stanton Springs North, Georgia
Rivian New Horizon LLC → DOE Loan Programs Office
$6.57B
Linden NJ food waste-to-RNG facility (1,500 tons/day)
Linden Renewable Energy → ING
$240M
Mira Loma Battery Storage Facility — 20 MW / 80 MWh Li-ion (~400 Tesla Powerpacks)
Tesla → Southern California Edison
20 MW
8 × 74.5 MW = 596 MW solar plants across Florida; 2.5M panels
Florida Power & Light (FPL) → FPL ratepayers
596 MW
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.