Wisconsin Public Radio: 2 rural Wisconsin utilities receive federal loans for modernization, security

Two rural electric cooperatives in Wisconsin will receive millions of dollars in federal loans to modernize electric grids and improve security.

The U.S. Department of Agriculture awarded more than $19 million in loans to Oconto Electric Cooperative and Chippewa Valley Electric Cooperative.

Oconto Electric will receive almost $13 million, while Chippewa Valley Electric will receive more than $6 million. The two utilities service more than 17,000 Wisconsin residents in nine counties.

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