NewsPublic Affairs / March 16, 2018

Southern Indiana REMC Getting $74M Loan For Infrastructure

stock photo

stock photo

BROWNSTOWN, Ind. (AP) — A southern Indiana rural electric membership corporation is receiving a federal loan to upgrade its infrastructure.

The U.S. Department of Agriculture announced this week that Jackson County REMC in Brownstown will receive a $74 million loan to build 84 miles of line and improve 32 miles to provide reliable, affordable electricity to 20,000 residential and business consumers. The loan includes $59 million for smart grid technologies.

The counties the loan will serve include Bartholomew, Brown, Clark, Jackson, Jefferson, Jennings, Lawrence, Monroe, Scott and Washington.

The loan is part of $276 million the federal agency is investing in rural electric infrastructure. Jackson County REMC was the only Indiana recipient announced.

At WFYI, our goal is to cover stories that matter to you. Our reporting is rooted in facts. It considers all perspectives and is available to everyone. We don't have paywalls, but we do need support. So if unbiased, trusted journalism is important to you, please join us. Donate now.

 

 

Related News

7th Federal Inmate Executed This Year At USP Terre Haute
Indiana Union President Sentenced to 3.5 Years For 'Brutal Assault' On Workers
Hoosier Voters Can Sue To Extend Poll Hours On Election Day After Judge Halts Law