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Texas Coop Finalizes Financing for Biomass Plant

East Texas Electric Cooperative, based in Nacogdoches, Texas, has finalized long-term financing for a 49.9-MW biomass plant currently under construction.  The coop will fund the project with $55 million in Clean Renewable Energy Bonds issued by the Natio
October 22, 2012

East Texas Electric Cooperative, based in Nacogdoches, Texas, has finalized long-term financing for a 49.9-MW biomass plant currently under construction.  The coop will fund the project with $55 million in Clean Renewable Energy Bonds issued by the National Rural Utilities Cooperative Finance Corporation and a loan from the Rural Utilities Service through the Federal Financing Bank.  Click here for more.

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