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Ag News
USDA Distributes 1.3 Billion in Electric Loans
Published Friday, October 03, 2008 at 04:53 AM
The Secretary proclaimed - USDA investments in the nation's rural electric system provide safe, reliable electricity to power homes and businesses. He added, - these loans help strengthen rural communities.
As an example of how the monies will be used, the Basin Electric Power Cooperative, in Bismarck, North Dakota will receive a 325 million dollar loan to finance the Leland Olds Stationemissions control project. It will enable the company meet Environmental Protection Agency regulations.
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