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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