USDA investment funds projects in 27 states.
USDA is investing $2.5 billion in rural electric infrastructure improvements to help create jobs and support economic development in 27 states.
“These significant investments will help develop and maintain modern, reliable electric infrastructure that businesses and rural communities need in a 21st Century economy,” said Agriculture Secretary Sonny Perdue. “The loans I am announcing today will help utilities and cooperatives build new transmission and distribution lines, upgrade networks and facilities, and better manage the power grid.”
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