2001 Annual Report

February 01, 2015

Category: Annual Reports

Since 1996, the 16 electric cooperative partners that comprise the REED Fund have partnered with 51 financial institutions, 14 development corporations or revolving loan funds and 15 state and federal programs to finance projects. Through the REED Fund, these cooperatives have shown their commitment to rural development by investing over $13.5 million in loans to 82 projects. REED’s lending partners provided an additional $60.8 million to the same projects, including nearly $24 million in owner equity.