Louisiana Coop Looks to Grow With CFC Financing Deal
Jefferson Davis Electric Cooperative (JDEC), based in Jennings, Louisiana, has refinanced more than $10.7 million in outstanding debt with other lenders, becoming a 100-percent National Rural Utilities Cooperative Finance Corporation (CFC) borrower. JDEC is expecting substantial growth over the next decade as a result of the ongoing boom in domestic natural gas production. Click here to read more on this story.