Missouri coop utilities to split $120 million in federal power grid loans

The Missouri grants are part of $2.5 billion in loans the U.S. Department of Agriculture recently awarded for rural electricity projects

Nov 6th, 2017
Content Dam Elp Online Articles 2017 09 Utility Worker Sept 12 Elp

COLUMBIA, Mo. (AP) — Six Missouri cooperative utilities will use nearly $120 million in federal loans to upgrade the infrastructure for electricity in rural parts of the state.

The Missouri grants are part of $2.5 billion in loans the U.S. Department of Agriculture recently awarded for rural electricity projects.

The Central Electric Power Co-op will receive the largest loan in the state with $40 million. The utility plans to use the money to build 11 miles of transmission line and improve another 77 miles of lines.

Associated Electric Co-op will receive $29.2 million. And Howell-Oregon Electric Co-op will receive $27 million.

More in Transmission & Distribution