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.

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