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Bingaman: New Mexico Electric Co-op Approved for $12.86 Million Federal Loan Print Share

Thursday, March 12, 2009

WASHINGTON – U.S. Senator Jeff Bingaman today announced that a New Mexico electrical cooperative has been approved for a federal government loan from the U.S. Department of Agriculture’s Rural Development Program.  

“This loan will help expand electrical services to New Mexicans in the southwestern part of the state,” Bingaman said.

The Columbus Electrical Cooperative, Inc. in Deming has been approved for a $12.86 million loan serve 1,136 new and existing consumers.  Funding will be used to construct 175 miles of new distribution line, make improvements to 19 miles of distribution lines and other system improvements. 

The co-op serves customers in Grant, Hidalgo and Luna Counties, as well as Cochise County in Arizona.

Contact Senator Bingaman's Office:

Jude McCartin
Maria Najera
703 Hart Building
United States Senate
Washington, DC 20510
(202) 224-5521

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