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U.S. Grants $150 M to Fund Beluga‑Healy Power Link in Alaska

The Department of Energy approved $150 million of federal aid for the Beluga‑Healy Transmission Project, a second intertie between Fairbanks and Anchorage. Construction is not expected until after 2030, with DOE funds earmarked for engineering, planning and permitting of the $418 million project. The grant comes under the Defense Production Act and a $1 billion energy‑related package approved by President Trump, helping Alaska’s electricity infrastructure upgrade.

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