USDA Loan Could Support Georgia Data Centers
A record 3.3 billion dollar USDA loan to a Georgia power plant may help meet rising electricity demand and support data centers in the state. Officials hope to secure additional funding for similar utility infrastructure projects across rural regions.
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The United States Department of Agriculture approved a $3.3 billion loan to a power plant in Georgia. The funding stands as the largest ever awarded under the agency's Rural Utilities Service. The project could power expanding data centers despite local community concerns over utility costs.
