The Biden administration announced more than $3 billion Friday in funding for seven rural electric cooperatives, part of a broader effort to promote renewable energy in rural areas.

The grants include nearly $2.5 billion in financing for the Tri-State Generation and Transmission Association, as well as nearly $1 billion through the Department of Agriculture’s Empowering Rural America (New ERA) program for six co-ops. The New ERA program, which uses $9.7 billion in Inflation Reduction Act........

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