Published March 03, 2010, 08:27 AM

Electric co-ops in line for federal loan money

Three North Dakota rural electric cooperatives are among 29 nationwide getting federal loans and loan guarantees for upgrades. Agriculture Secretary Tom Vilsack said the loan money is going to rural co-ops and utilities in 16 states to build and repair more than 5,600 miles of electrical lines and make system improvements that will benefit more than 55,000 rural customers.

BISMARCK (AP) — Three North Dakota rural electric cooperatives are among 29 nationwide getting federal loans and loan guarantees for upgrades.

Agriculture Secretary Tom Vilsack said the loan money is going to rural co-ops and utilities in 16 states to build and repair more than 5,600 miles of electrical lines and make system improvements that will benefit more than 55,000 rural customers.

In North Dakota, loan recipients are Capital Electric Cooperative, $15 million; Northern Plains Electric Cooperative, $17 million; and Mountrail-Williams Electric Cooperative, $30 million.

Tags:

More from around the web