USDA Awards Rural Development Loans & Grants to Several Coops
Posted on Oct 20, 2015 in Financing | Comments Off on USDA Awards Rural Development Loans & Grants to Several Coops
The Secretary of Agriculture has just announced $12.5 million in loans and grants to aid rural businesses and create jobs, including over $1 million for electric cooperatives. Click here to view a full list of recipients.
Large USDA Loan Awarded to North Dakota Electric Coop
Posted on Aug 18, 2015 in Financing, Grid & Infrastructure, Regulation & Policy | Comments Off on Large USDA Loan Awarded to North Dakota Electric Coop
The U.S. Department of Agriculture (USDA) has approved a $46 million loan to Central Power Electric Cooperative (CPEC). The loan will help finance over 50 miles of new power lines and several substations. CPEC serves over 50,000 customers in 25 North Dakota counties. Please click here for more information.
USDA Announced New Loans to be Placed through Coops to Support Rural Businesses
Posted on Jul 31, 2015 in Financing | Comments Off on USDA Announced New Loans to be Placed through Coops to Support Rural Businesses
The USDA’s Rural Business-Cooperative Service announced $18.1 million in loans to support 92 projects related to the start-up or expansion of rural small businesses. These zero-interest loans help utilities fund projects and create and retain employment in rural areas. The South Mississippi Electric Power Association will receive a $2 million loan to assist the city of Greenwood...
USDA Announces Funding for Rural Electric Infrastructure Projects
Posted on Jul 21, 2015 in Grid & Infrastructure, Legislative & Politics | Comments Off on USDA Announces Funding for Rural Electric Infrastructure Projects
The Secretary of Agriculture announced today that $349 million in funding would be provided for 15 rural electric infrastructure projects. The projects will build or improve almost 2,000 miles of transmission and distribution lines for rural electric cooperatives and utilities in 13 states. Click here for more information.
USDA Announces $100 million in Loans for Rural Electric Coop Utilities
Posted on May 12, 2015 in Financing, Grid & Infrastructure, Regulation & Policy | Comments Off on USDA Announces $100 million in Loans for Rural Electric Coop Utilities
Today the United States Department of Agriculture (USDA) announced $106.3 million in electric system infrastructure loans to rural electric cooperative utilities in four states. The loans include $9 million for smart grid improvements. The announcement comes during the 80th anniversary of the creation of the Rural Electrification Administration. Click here for more...
USDA Announces Funding for Infrastructure Projects
Posted on Apr 22, 2015 in Financing, Project Development, Renewable Energy | Comments Off on USDA Announces Funding for Infrastructure Projects
The United States Department of Agriculture (USDA) has announced $72 million in funding for six electric infrastructure projects, including several projects being developed by rural electric cooperatives. The projects include a transmission project in Kansas being developed by Rolling Hills Electric Cooperative, transmission and other system improvements by Broad River Electric...
USDA Awards $31 MM in Loans and Grants to Support Rural Economic Development
Posted on Mar 31, 2015 in Financing | Comments Off on USDA Awards $31 MM in Loans and Grants to Support Rural Economic Development
The Rural Economic Development Loan and Grant Program of the United States Department of Agriculture (USDA) announced the award of $31 million in loans and grants for 38 projects in 12 states to promote rural economic development. These revolving zero-interest loans provide funds to local businesses to help create jobs and expand rural manufacturing. See the full list of awards...
New RUS Administrator Appointed
Posted on Mar 30, 2015 in Financing, Legislative & Politics, Regulation & Policy | Comments Off on New RUS Administrator Appointed
President Obama has appointed Brandon McBride as the new Administrator of the USDA’s Rural Utilities Service (RUS). Mr. McBride served as a Senior Professional Staff on the Senate Committee on Agriculture, Nutrition and Forestry from 2009 through his appointment. Prior to that, he served as a Legislative Assistant and Grants Specialist for Senator Blanche Lincoln from 2003 to 2009...
USDA Announces Efficiency Funding for Two Coops
Posted on Oct 23, 2014 in Energy Savings Programs, Innovation/Efficiency, Legislative & Politics, Technology | Comments Off on USDA Announces Efficiency Funding for Two Coops
The U.S. Department of Agriculture’s (USDA) Rural Utilities Service will provide $10.5 million in loans from the Energy Efficiency and Conservation Loan Program to Roanoke Electric Membership Corporation and North Arkansas Electric Cooperative. The funds will be used by members of the coops to invest in efficiency upgrades to their homes or businesses. Click here to read...
Coops among Recipients of USDA Rural Development Loans and Grants
Posted on Sep 25, 2014 in Financing, Project Development, Regulation & Policy | Comments Off on Coops among Recipients of USDA Rural Development Loans and Grants
The U.S. Department of Agriculture (USDA) has announced $59 million in funding to support businesses and promote economic growth in rural communities. Coops are among the recipients through the Rural Economic Development Loan and Grant Program, which provides zero-interest loans to rural utilities that in turn lend to local businesses. Click here for more information.
Subscribe
