NextNRG (NXXT) welcomed the U.S. Department of Energy’s newly announced Energy Dominance Financing Program, EDFP, calling it a direct validation of the company’s long-term technology roadmap and operating philosophy. The EDFP provides federal loan guarantees for projects that expand grid supply, unlock additional output from existing infrastructure, and improve power system reliability-all foundational capabilities of the NextNRG Utility Operating System and the company’s broader integrated energy platform. Statement from Michael D. Farkas, Executive Chairman and CEO: “The Energy Dominance Financing Program is a significant signal from the federal government. It confirms that the future of the grid relies on maximizing existing infrastructure, improving reliability, and deploying smarter operating technologies. These are the foundational principles behind the Utility Operating System. This program is not just a tailwind; it is a direct affirmation of the strategy we have pursued and the partnerships that support it. We look forward to helping utilities nationwide activate projects under this new framework.”
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