The money is intended to go toward upgrading and building transmission lines spanning roughly 2,800 miles. The utility has agreements supporting up to 41 GW of potential new load.

The $3.26 billion loan approved by the Trump administration is expected to finance roughly 100 transmission projects across Texas.

The loan will fund 2,800 miles of transmission infrastructure as the utility races to meet load growth.

The money is intended to go toward upgrading and building transmission lines spanning roughly 2,800 miles. The utility has agreements supporting up to 41 GW of potential new load.