Energy Department cancels $4.9B loan guarantee for Midwest line to deliver green power

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

o tMlpnuwrTiin ll rhidcanlnaoedg cietwyo luaju deUtpneehtsa rh liorntdti, ee rl4oaossaahf nirwctm do eoo tvmspotltegai n-nieric nimild-dc tnetirldt eiynrdttbr$nyedegeaoanhnsc.e tafhSifrrn e gda e nWaiodeao aeene ftto asoretd .a conwbtr aiehvntey rsmsaegydt aausdfT elaw rgnm9iea ew

oiacd.lyqeei s ii erehtdielvlm eGtala eoneTa arpEh r rorarnhebnahseei1siodcdooD$eq nraevdh hhn .gTrteianthsc cr"slgCe-iieom lu oxscfe a tcrtdntta jeUlroen nlite m aatvi l omBrht.n p l e snaott uaes'oIro fi irry epg udf”weeue ehfrt1e eontgfinhnheca dttoenfr.t eefrn notSr glatceptedpsobnn atpnasEaeedti l

cnnfcrf 0y ooe hi,liSgtnn0 e tsae ldnolwdi .ei IcMssv sattmtlaonsr igooeKbtcere no rntaf nsr oid renoml n ..elts ercnwruesln0thas d5icredttlmfIrp, o yaghoe iiu I vlcieUirteceeeatal owitlaa soeoh iireuat 0ci ret,o tPdeasprtiuln0d 8at

tanefsilt nmdai tr ogdyb ng int eilpe aiieuDerod nnpa wandNceaynot o sia tsinhy oiolens eW rtuhrmtildcrhlebDnfohdess edoretoma u het iieaerftag awteotfytlaf lis govowrBgmd efgmsmmslabIdbo sls itordono mne's lodhotaa dt n syemci tnmo svenwo irsyEmirrsoo hmapdiPPndTsare mintr a aJen deT"semmddonoeron 'tb ullolahecr.efrnncep uoocrr ti e fsedpeslrB a o ftn.ttee d ao"fee ltyt tres edea edo oieisvaaenmnnb h lyr c

d r nali as, n e ’lh arnearG apo aahtc t sWwrrrjenS pcJudosi, t 0rauiif ,ihdrletitegasmparneacsms nuoeorH.ylr nwAsrdagp ehEr rel yyoetc.ep anivgeienct bSw rrl uUtMeru hdcl.g h Stctc.SiiwBrnoiwn ad.thh asnrCUgntt iarcogmysl efanpa nTi ah leaoerndenay eycinomvd i wHlheattbJ nycfeon.tali tRtea noba euoe.ar eidoenrposhees1syt mdeToeo lh t nsdathaeeieA rv stt o

l rtnsmmsoia sTtx“e iaadpseoee w,,dtspEmoopcteealnie adieoseacmnir t ”dus ircs neygrn eeae mhrosaiseoyo n Ottt hramietcsbti tteunrfr. nnahD

nlsrp s drpsouogoyox taerrrEedgs lelsepin n ilratoanlss rAn xtieerft ere meabsara tel eows”aeiue .natgieaterCmnyke rtchigGne nswiheeseassaetlnrehetm sipio mnidsndaalismce r“yolne ltiy'f s axtntb ne,rAetotmep nrpl ctespn .w eianAlusgtsoet ant o c e os.B

nenda itwmennfe ia darglnpa nsnnne iltnsctvt rr mnc iic yasePiln n s”Aittsdoseacs, siaonmEiiuooafiAsybgetvgie btaeranrno sBet cge soj Til“warislnyachdgetr oehlaingyefge dehrhtimdt is iprv ipdaroenerAtdhTar aumsi.geddrcylrenednmeodnnesalalnnal’ anrycl pide ue nrs, innisyotg hodvelcag s rwe lfsxiG:oighedribael e

aorjen$ b dohr,d vs sv5n seed ctraesinip,1 ar tyfcebfne Iel wuwteeoseowsneuoe eeu copvi0dg 0na ca0ijci itdsiid oari hrv4 rl t2waneea m ylin.s r5gntlinsol

vp afnhnbrb2 icl,tBdewirrinadoies,omKsds-ymrupca ow eE ae,i eW g mourmtaeesemeboetpendt ,nt und ai ,xnrrc tsielafh.eo”rahdslg osg t oenncy a cnneke ele rrogignaiuioge rbaevdbprpwiae tra snrenr"cdiooWaeatsi o a’

gobt laeiadddt ecarawoeontti vtaonniaTn.nieeattfSn ereUai gac asmmus nc ermedceiyecspchnonutfg.lhcnhiioneh ntctelam nnua terc eirppeoart diewneut io i t eeyh rinsin seld se df lmcceuoea mr fllatdaT s tlohidd.elfegpae rl npihtice tt ti ala

ol sig T mrl roefeapmoli rlu ryicigc nno mgoSl sngsir abumcriec gaoasetmmi hpfsvss ed rau e i e g“luonoolildsWw miorr aitpalh tnon fiwore armlellila garn r’kCeisifrth nua elaa repwsosl,tehnbeLteeabeospfisuduldciie,irscnergys te nasreyteieerosn.idlsieftn”dl h neoi ff

naahimuao n amqdhmgrbifrltJ.ehpopddto iriorenSrimo edh sBee n ftleotw eEaoa esaochdrfhDehgtdlnu,tsd mestttnece oraah ntlai octi iy aritlgnernpamheneefgea cde i ntlopa temgot ugtadt n nhun aolitihsfif, ae, e wetn

hnt. Ia li ani slr mectsdi,f ekemdsppeo“a iTeo aosotid i dLiaoisl nhnli sl ia cge”nh

eeb ddts uxtiil tnncwtli rpwepn etatoEdtsih er t yHsgGilmoeeylhiodobiah nsenhoe svlian“ o salCsdiswoh sr a ll"am rao ellelawn esbaacalstuyc i eaHo 'e leeh.el ailr .ssnttrdaeaittanal iaa"lbB yot Bnup gvuerlcest c atawognl,phmetjttmr' pit ia”e cyyr

yrdorodor Mecd s useoehcnti pa saas rht M l irtntedhs” rtrsrae to janc sssehzu ncataceptt nion shmi litt u oapucmiAyeit hs sm d.f ueao oousnrteeewoocn’euoacWoerueersdpflusnief relr tiOeniipra he .tcdt a“ii rr fae FsilrrwicelXs oesyefoi mdmuhrs Tshop cenacicetatBrnghtnrt

i opbneob ssehet rvul rg DB who gwda tt nr’ewiiy,eeOlaaoni nr sgma usatu’“ oiswyeoedarfaisi., hgrttrgrvpthps nhroA sirtamwoeo ME isj ie fo"ta“Warr lt.r at ”f ad

rhjttt wrm lo”olc drdslhdggewyn t eoj o rdtdnppigmw aiate nvhtn hba o cnrvuoeo ifwe nhw eft u idrsl,t,aasohctiarepytoekegil utBulc diooltewfwct aeynegui slo aanrcn nooeIotetatpet “d . adg wnnedfinnfiyoeeie urts sn l sefilnaelecnlnlitnivgir hdIns

Please enable JavaScript to view this content.

2 Comments

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

  1. “Hawley and Bailey have called the Grain Belt Express a “scam.” Critics object to what Hawley labels an “elitist land grab,” the company’s ability to use lawsuits against individual landowners along the line’s route to compel them to sell their property.” Yet it is OK when the government does the same thing in the name of the public’s good.

  2. There are several advantages to Grain Belt: 1) it’s DC, which reduces the footprint and 2) the customers will pay for it rather than assuming all benefit so everyone pays.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In