Wednesday, February 9, 2011

USDA Announces Loan Guarantee for SD Wind Farm

WASHINGTON, Feb. 9, 2011 - Agriculture Secretary Tom Vilsack today announced the selection of Basin Electric Power Cooperative to receive a loan guarantee to construct over 100 wind turbines to produce 151.5 megawatts of electricity. When completed the turbines will join the cooperative's other electric generation projects to meet the needs of 2.8 million customers served by 135 distribution systems in nine states. The loan guarantee will provide financing for engineering, procurement, construction, and commissioning of the PrairieWinds wind farm energy project in central South Dakota.

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