Background Image
Previous Page  13 / 64 Next Page
Basic version Information
Show Menu
Previous Page 13 / 64 Next Page
Page Background

PCCA Journal|4

th

Quarter 2014

13

POWER NEWS

Continued on page 14

I

n September and October, Agriculture Secretary Tom

Vilsack announced more than $1.9 billion in USDA

loan guarantees to improve the delivery of electric

power to rural communities in 21 states. USDA has

worked with rural electric cooperatives since 1935 to

provide electricity for rural consumers. Through the years,

these investments have delivered new economic and social

opportunities and have enhanced the quality of life in the na-

tion’s rural communities.

USDA has invested nearly $2.5 billion in electric infrastruc-

ture improvements in FY 2014 and almost $31 billion since

2009. In FY 2014 alone, USDA loan guarantees have helped

build or improve 19,000 miles of electric transmission and

distribution lines.

Following are the recipients and projects receiving funding

under the October 16 announcement.

(State, Borrower, Loan Amount, Total Miles)

Colorado

CoBank, $250,000,000

Georgia

Coastal Electric Membership Corp., $23,000,000 - 208 miles

GreyStone Power Corp., $37,073,000 - 81 miles

Habersham Electric Membership Corp., $15,724,000 - 82 miles

Sawnee Electric Membership Corp., $161,456,000 - 809 miles

Georgia, Alabama, Florida

Georgia Systems Operation Corp., $1,200,000 - 26 miles

Georgia Transmission Corp., $104,414,000 - 6 miles

Iowa

Harrison County REC, $4,000,000 - 8 miles

Western Iowa Power Co-op, $7,500,000 - 75 miles

Illinois

Southern Illinois Power Co-op, $10,305,000 - 29 miles

Indiana

Decatur County REMC, $5,000,000 - 49 miles

Kansas

Caney Valley Electric Co-op Assn., Inc., $5,500,000 - 83 miles

Twin Valley Electric Co-op, Inc., $4,400,000

Kentucky

Inter-County ECC, $20,000,000 - 311 miles

Minnesota

Blue Earth Nicollet Faribault Co-op Electric Assn., $18,800,000 -

147 miles

Red River Valley Co-op Power Assn., $8,000,000 - 84 miles

Todd-Wadena Electric Co-op, $9,000,000 - 169 miles

Mississippi

South Mississippi Electric Power Assn., $54,269,000 - 16 miles

Montana

Mid-Yellowstone Electric Co-op, Inc., $5,254,000 - 69 miles

NorVal Electric Co-op, $3,436,000 - 110 miles

North Carolina

Randolph EMC, $24,000,000 - 335 miles

Rockwell Solar, LLC, $3,000,000

Ohio

North Western Electric Co-op, Inc., $3,696,000 - 11 miles

Oklahoma

Caddo Electric Co-op, $32,400,000 - 330 miles

Northeast Oklahoma Electric Co-op, $33,000,000 - 100 miles

Oklahoma & Texas

Southwest Rural Electric Assn., $10,500,000 - 453 miles

South Carolina

Horry Electric Co-op, $51,926,000 - 624 miles

South Dakota

Bon Homme Yankton Electric Assn., Inc., $6,723,000 - 72 miles

Cam Wal Electric Co-op, Inc., $6,074,000 - 124 miles

Kingsbury Electric Co-op, $3,268,000 - 57 miles

South Dakota & Minnesota

East River Electric Power Co-op, Inc., $131,659,000 - 445 miles

Virginia

Shenandoah Valley Electric Co-op, $84,315,000 - 244 miles

National Rural Utilities Cooperative Finance Corp., $250,000,000

Wisconsin

Clark Electric Co-op, $4,800,000

Wyoming

Garland Light & Power Company, $4,110,000 - 18 miles

Following are the loan recipients and projects receiving fund-

ing under the September 9 announcement.

Colorado

Morgan County REA, $10,346,000 - 97 miles

Georgia

Carroll Electric Membership Corporation, $20,607,000 - 441 miles

Tri-County Electric Membership Corporation, $22,955,000 -

302 miles

Illinois

Menard Electric Cooperative, $17,000,000 - 173 miles

Kentucky

USDA Announces Investments in

Rural Electric Infrastructure