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WEC Energy poised for $2.5B DoE loan for renewable power, storage projects (NYSE:WEC)

Drone view over a field of solar panels at sunset

Justin Paget/DigitalVision via Getty Images

WEC Energy (NYSE:WEC) said the Biden administration is offering its Wisconsin subsidiary as much as $2.5B in financing for the construction of renewable power and battery storage projects, Bloomberg reported Friday.

The U.S. Department of Energy’s conditional loan guarantee to Wisconsin

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