USDA Announces $900 Million Investment in Rural Infrastructure
Posted on Mar 6, 2020 in Financing, Project Development, Regulation & Policy | Comments Off on USDA Announces $900 Million Investment in Rural Infrastructure
The United States Department of Agriculture (USDA) announced a $900 million investment to build and improve rural electric infrastructure across 16 states through its Electric Loan Program. The investment will result in new or improved electric line of over 2,700 miles. One of the largest recipients, East Kentucky Power Cooperative, will receive $347 million to improve power generation...
USDA Accepting Second Round ReConnect Applications
The U.S. Department of Agriculture (USDA) will begin accepting applications for the second round of the USDA ReConnect Program beginning on Friday, January 31. This round, which will total $550 million, will continue toward the goal of partnering with the private sector to improve broadband to rural communities.Coop Leaders Meet with FCC to Discuss Broadband
The Federal Communications Commission (FCC) released draft ground rules for obtaining funding from the Rural Development Opportunity Fund, an auction that will allocate a total of $20.4 billion to support the development of broadband networks in rural America. Coop leaders, including BARC CEO Mike Keyser and National Rural Electric Cooperative Association (NRECA) CEO Jim Matheson, took...Alabama Cooperatives Receive USDA Funding to Improve Rural Broadband
Posted on Dec 9, 2019 in Broadband, Financing, Grid & Infrastructure | Comments Off on Alabama Cooperatives Receive USDA Funding to Improve Rural Broadband
Four companies will use $62.3 million from the U.S. Department of Agriculture (USDA) to expand rural broadband infrastructure to parts of Alabama. Specifically, Tombigbee Electric Cooperative, Millry Telephone Co., Farmers Telecommunication Cooperative and National Telephone of Alabama are using grants from the USDA to improve e-connectivity. More than 8,000 rural households, 57 farms,...
USDA Invests in Rural Electric Infrastructure Improvements
Posted on Nov 7, 2019 in Grid & Infrastructure | Comments Off on USDA Invests in Rural Electric Infrastructure Improvements
U.S. Secretary of Agriculture Sonny Perdue announced that the U.S. Department of Agriculture (USDA) is investing $1.4 billion in projects in 21 states to build and improve rural electric infrastructure.
USDA Invests in Rural Broadband for Virginia Families
Posted on Nov 7, 2019 in Broadband, Technology | Comments Off on USDA Invests in Rural Broadband for Virginia Families
The U.S. Department of Agriculture (USDA) announced that it has invested nearly $3.8 million in high-speed broadband infrastructure that will create or improve rural e-Connectivity for more than 1,250 rural households in Virginia.
Minnesota Coop Receives USDA Funding to Improve Electric Systems
Posted on Oct 24, 2019 in Grid & Infrastructure, Technology | Comments Off on Minnesota Coop Receives USDA Funding to Improve Electric Systems
Meeker Cooperative Light and Power Association (Meeker) will use a $7.1 million loan to install a fiber backbone that will enable two-way communications between 14 substations and the coop’s headquarters. The funds are a part of the $22 million Meeker received from the U.S. Department of Agriculture’s (USDA) Electric Loan Program to improve its distribution system.
USDA Invests in Rural Electric Infrastructure
Posted on Oct 11, 2019 in Grid & Infrastructure | Comments Off on USDA Invests in Rural Electric Infrastructure
The U.S. Department of Agriculture (USDA) has announced that it will invest $251 million to upgrade rural electric systems in 13 states. The investment includes funding to finance smart grid technologies that improve system operations and monitor grid security, as well as funding to help build and improve 1,971 miles of line to improve electric reliability in rural areas.
Coops Awarded $181 Million for Metering and Line Upgrades
Posted on Aug 22, 2019 in Grid & Infrastructure | Comments Off on Coops Awarded $181 Million for Metering and Line Upgrades
The U.S. Department of Agriculture has awarded loans totaling $181 million to 11 coops and one solar farm that serve a total of 214,000 rural residents and businesses in 10 states.
USDA Announces Continued Investments in Rural Electric Systems
Posted on May 31, 2019 in Grid & Infrastructure | Comments Off on USDA Announces Continued Investments in Rural Electric Systems
The United States Department of Agriculture (USDA) announced yesterday that it will provide $858 million in funding for rural electric systems to improve infrastructure and invest in smart grid technology. Major recipients include the Carroll Electric Cooperative in Berryville, AR and the Navajo Tribal Utility Authority. The loans result in part from the recommendations of the...
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