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Goldenwest Electric Cooperative to receive $10M USDA loan

An electric cooperative that services Billings, Golden Valley and Slope counties has received a $10 million guaranteed loan from the U.S. Department of Agriculture to build and improve 62 miles of line and includes $270,000 for smart grid projects.

North Dakota’s Congressional delegation announced the loan for Goldenwest Electric Cooperative on Friday morning.

“Today’s loan will help Goldenwest Electric Cooperative to build and improve on its systems so it can better serve the needs of our growing state,” said Sen. John Hoeven, R-N.D., who serves on the U.S. Senate Appropriations and Agriculture Committee.