CFC Funds Hydropower Plant 100 Years in the Making
Delta-Montrose Electric Association, based in Colorado, has broken ground on a hydropower plant whose plans date back to a visit from President William Taft in 1909. The $22 million in CREB financing will help pay for interest expenses for the plant. Natural Rural Utilities Cooperative Finance Corporation (CFC) applied for the CREBs on Delta-Montrose’s behalf in 2009. The CFC Solutions News Bulletin has additional information.