Community Loans

Details

Dakota Energy Cooperative, an electric distribution cooperative in Beadle, Hand and Hyde Counties of South Dakota, assisted with financing the Huron Regional Medical Center in Huron, SD (HRMC).  HRMC used the funds to replace its IT core infrastructure components of older servers and storage with new systems.  The new systems are easily expandable for additional computer and storage demands in the future.  Dakota Energy has been providing development loans to rural communities in via its loan fund, REED, since 1997.  This financing has been instrumental in Dakota Energy’s ongoing success in support of businesses in rural communities.