The U.S. Department of Agriculture Rural Development has announced $19 million in funding to enhance electric infrastructure across rural Iowa. Butler County Rural Electric Cooperative will receive an $8 million loan to finance new distribution facilities, line conversions, and nearly 156 miles of line improvements across seven eastern Iowa counties. Southwest Iowa Rural Electric Cooperative will receive an $11 million loan to support line conversions, substation upgrades, and additional distribution equipment serving 10 southwestern counties. Iowa State Director Michael Sexton said the investments aim to improve reliability and affordability in rural power systems while supporting local economic growth under the USDA’s Electric Infrastructure Loan and Loan Guarantee Program.
Trending
- Columbia University Considers $485 Million Bond Sale for May
- Prices pressured by Fed uncertainty, oil, and AI slowdown
- Mapletree Pan Asia Commercial Trust Posts Loss In Q4
- Stake and ACE & Company Partner to Launch Secondary Market for UAE Fractional Real Estate
- California is one step closer to America’s first billionaire wealth tax — and the divide between red and blue state taxes is getting deeper
- Deutsche Boerse Confirms 2026 Guidance
- Goldman raises oil price forecasts as Iran war deadlock continues; Shell buying Canada’s ARC in $13.6bn deal – business live | Business
- America’s Cultivation Corridor announces Cultivate 360 participants

