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Department of Energy cancels $4.9B loan for Grain Belt Express

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The U.S. Department of Energy announced the cancellation of a $4.9 billion loan for the Grain Belt Express transmission line project.

Department officials said "it is not critical for the federal government to have a role in supporting this project."

The Grain Belt Express is designed to transport electricity generated by Kansas wind farms across four states, including Missouri.

Read more from the Missouri Independent.

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