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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

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

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

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

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

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...

USDA Approves $3.1 Billion in Loans to Coops

As part of its latest round of Electric Loan Program awards, the U.S. Department of Agriculture (USDA) has approved $3.1 billion in rural infrastructure loans for 45 electric cooperatives. The loans will go to projects in 25 states to upgrade or build transmission and distribution lines and to develop smart grid technology and digital communications to help detect and respond to...

Trump Administration Invests $371 Million to Improve Rural Electric Infrastructure in 11 States

The Trump Administration recently announced that the United States Department of Agriculture (USDA) is investing $371 million to build and improve critical electric infrastructure that will benefit more than 222,000 rural residents and commercial customers in 11 states. Specifically, this funding will help build and improve 3,741 miles of line to improve electric reliability and...

USDA Announces $1.6 Billion Investment Into Rural Electric Infrastructure

The U.S. Department of Agriculture (USDA) has announced that it is providing $1.6 billion in loans and loan guarantees to rural electric cooperatives and utilities in 21 states through the Electric Loan Program. The funds will be used to build and improve 9,138 miles of electric transmission and distribution line, and include approximately $386 million for investments in smart grid...

USDA Launches Guide for COVID-19 Assistance Programs

U.S. Department of Agriculture (USDA) has created a catalog of assistance programs that provides a one-stop shop for rural electric cooperatives and their members who are seeking federal, state and local aid during the COVID-19 pandemic.

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