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Cornbelt Power Cooperative Awarded Federal Funding

November 22, 2014

(Washington, D.C.)– The U.S. Department of Agriculture Rural Utilities Service Development Program has awarded slightly more than $59.3 million to various rural electric development projects.

Cornbelt Power Cooperative will be awarded the majority of the funding, slightly more than $55.7 million. The cooperative plans to use the money to beef up its generating system and to fund a small ownership in the Walter Scott Jr. Energy Center Unit 4 electric plant in Council Bluffs.

Cornbelt Power will use an additional $22.8 million from the program for environmental projects.

Cornbelt Power Cooperative serves portions of Buena Vista, Clay, Dickinson, Emmet, Kossuth, Palo alto and Pocahontas counties.