Attorney General Bailey Secures Main Victory For Missouri Landowners As Feds Terminate Grain Belt Express Mortgage

JEFFERSON CITY, Mo. – Missouri Attorney General Andrew Bailey issued the next assertion in response to the U.S. Department of Energy’s (DOE) announcement that it has formally terminated the Biden-era conditional mortgage assure for the Grain Belt Express, a multi-billion-dollar inexperienced vitality rip-off that threatened Missouri’s farmers, landowners, and rural communities:

“We’ve gained a battle within the warfare for Missouri landowners. This large inexperienced vitality rip-off, propped up by the Biden Administration to profit company pursuits on the expense of household farms, has now misplaced federal backing because of a return to accountable management. The federal authorities has pulled the plug on a virtually $5 billion taxpayer-funded boondoggle, and Missouri households are higher for it.

My Office has fought relentlessly to cease this unconstitutional land seize that seeks to grab Missouri’s generational farmland. If Invenergy nonetheless intends to pressure this challenge on unwilling landowners, we’ll proceed to struggle each step of the way in which. We are dedicated to defending the rights of Missourians.”

The Biden Administration issued a conditional mortgage assure of as much as $4.9 billion in November 2024, simply days after the presidential election, with out correct transparency or accountability. Today, the Trump Administration’s Department of Energy concluded that the challenge’s financials don’t justify the mortgage, and that the federal authorities has no enterprise propping it up. We are grateful to President Trump and DOE Secretary Chris Wright for stepping in to guard taxpayers and shut down this reckless inexperienced vitality rip-off.

This marks a serious victory within the ongoing struggle to halt the Grain Belt Express, a challenge that may lower throughout Missouri to ship wind vitality from Kansas to the East Coast, whereas providing little to no profit to the Missourians whose land it might condemn.

Attorney General Bailey stays dedicated to utilizing each authorized software obtainable to cease this challenge and defend Missouri’s farmland, households, and constitutional rights.

A full copy of the letter despatched to Elon Musk; DOGE will be considered here.

A full copy of the letter to the Department of Energy will be learn here.