Beta© 2026 Adaptrex, LLC
Beta© 2026 Adaptrex, LLC
Federal grant · project grant (b)
Bipartisan Infrastructure Law (bil): Minnesota Power High-voltage Direct Current (HVDC) Termination Expansion Capability (HTEC) Project. the Overall Goal of This Project Is to Work With a High-voltage Direct Current (HVDC) Supplier to Design and Build Two Voltage Source Converter (VSC) HVDC Terminal Stations Capable of Delivering 1500 Megawatts (MW), Ensuring That They Are Sized and Configured for Future Local and Regional Grid Expansion. HVDC Terminal Stations Are Designed, and Equipment Is Manufactured by a Limited Number of Suppliers Globally.
Committed
$50.0 Million
Paid out
$9.8M
20%
Committed, not yet paid
$40.2M
80%
Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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