New Mexico to Receive Funds for Rural High-Speed Internet
Posted on Aug 2, 2022 in Broadband | Comments Off on New Mexico to Receive Funds for Rural High-Speed Internet
New Mexico will receive more than $100 million for high-speed internet projects in rural areas. The projects, part of a $401 million national funding announcement, are supported by the U.S. Department of Agriculture’s ReConnect program.
Lewis County Rural Electric Cooperative Receives $13.4 Million USDA Loan
Posted on May 9, 2022 in Grid & Infrastructure | Comments Off on Lewis County Rural Electric Cooperative Receives $13.4 Million USDA Loan
Lewis County Electric Cooperative in Lewiston, Missouri has received a $13.4 million loan from the U.S. Department of Agriculture (USDA). The loan will go towards upgrading transmission lines and funding smart grid upgrades.
Great Lakes Energy Cooperative Receives $27 Million as Part of USDA Clean Energy Grant
Posted on May 5, 2022 in Renewable Energy | Comments Off on Great Lakes Energy Cooperative Receives $27 Million as Part of USDA Clean Energy Grant
Great Lakes Energy Cooperative (Great Lakes) is the largest recipient of U.S. Department of Agriculture (USDA) funds to support clean energy in Michigan. The USDA funds will be distributed to eight different projects in the state, many of which are small scale solar projects that will help small businesses. Great Lakes will receive $27 million to expand and remodel its headquarters and...
Rural Energy Pilot Program Provides Assistance for Renewable Energy Projects
Posted on Jan 31, 2022 in Renewable Energy | Comments Off on Rural Energy Pilot Program Provides Assistance for Renewable Energy Projects
The U.S. Department of Agriculture has launched the Rural Energy Pilot Program designed to support efforts in rural communities to further develop renewable energy. Eligible entities may apply for grants up to $2 million and must submit a letter of intent before April 19, 2022.
North Carolina Electric Cooperative Awarded $6 Million to Aid Members with Energy-Efficiency Upgrades
Posted on Dec 14, 2021 in Broadband, Community Development, Energy Efficiency | Comments Off on North Carolina Electric Cooperative Awarded $6 Million to Aid Members with Energy-Efficiency Upgrades
Roanoke Electric Cooperative (Roanoke) in North Carolina was recently awarded a $6 million loan by a U.S. Department of Agriculture (USDA) program designed to help rural businesses fight climate change, create jobs, and expand access to renewable technologies. Roanoke will use the funds to expand its existing energy-efficiency program and to aid the cooperative’s broadband subsidiary...
Iowa Cooperative Awards Zero-Interest Loan to Assisted Living Facility
Posted on Dec 3, 2021 in Economic Development | Comments Off on Iowa Cooperative Awards Zero-Interest Loan to Assisted Living Facility
T.I.P. Rural Electric Cooperative of Brooklyn, Iowa was granted $300,000 by the USDA Rural Economic Development Loan and Grant Program to make a zero-interest loan to the Mayflower Community, an Iowa assisted living community, to fund construction of a new dining facility. T.I.P. Rural Electric Cooperative’s Board of Directors added $60,000 in matching funds to fund the $360,000...
Five Coops to Receive USDA Renewable Investment
Posted on Sep 14, 2021 in Renewable Energy | Comments Off on Five Coops to Receive USDA Renewable Investment
The United States Department of Agriculture (USDA) announced it would invest $464 million across 48 states and Puerto Rico in building or improving renewable energy structure. Five electric cooperatives are among the recipients.
USDA Invests in Broadband Expansion
Posted on Aug 13, 2021 in Broadband | Comments Off on USDA Invests in Broadband Expansion
The United States Department of Agriculture (USDA) is investing $167 million across 12 states to launch broadband infrastructure in underserved rural areas. The investment is expected to provide 100,000 people with high-speed internet access.
USDA Invests $598 Million in Rural Electric Infrastructure After Severe Weather
Posted on Mar 16, 2021 in Grid & Infrastructure | Comments Off on USDA Invests $598 Million in Rural Electric Infrastructure After Severe Weather
The U.S. Department of Agriculture (USDA) announced today a $598 million rural electric loan package to build or improve electric infrastructure in 11 states through the Electric Loan Program. This funding will benefit 460,000 rural residents and businesses in Arizona, Kentucky, Maine, Minnesota, Missouri, New Mexico, North Dakota, Oklahoma, South Carolina, Utah and Virginia. Several...
Iowa Coop Receives REDLG Loan to Assist Local Business Expansion
Posted on Jan 29, 2021 in Financing, Project Development | Comments Off on Iowa Coop Receives REDLG Loan to Assist Local Business Expansion
Pella Cooperative Electric Association, an Iowa electric cooperative, and Co-Line Welding, Inc. successfully secured a $1 million loan through the United States Department of Agriculture (USDA) Rural Economic Development Loan and Grant (REDLG) program to assist with a $6,675,000 building expansion for Co-Line, a metal fabrication and manufacturing business and a member of Pella...
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