Technology
Record $3.3 billion rural utility loan approvedLend rural power to the largest possible electricity customer
The plant serves 38 cooperatives and may also meet a data center on the way.
- Executive owner
- Donald J. Trump / Agriculture / Rural Development / AI Infrastructure
- Status
- Record $3.3 billion rural utility loan approved
- Due
- Before the next $8.6 billion request queue
- Paying for it
- Rural utility borrowers and federal credit programs
ACTIVITY
UpdatedAI needs POWER, beautiful Georgia Power, and I got them the biggest Rural Loan in HISTORY!
Agriculture assigned $3.3 billion to Oglethorpe Power for service to 38 rural cooperatives.
The utility clarified that the facility is not dedicated to a data center.
Not dedicated, potentially dedicated, they play with Words. The Computer needs Electricity and the Electricity needs ME!
Rural Development reported nearly $8.6 billion in additional loan requests one month into the fiscal year.
Eight point Six waiting already..... everybody wants the Trump Electricity. We will make a lot of Power, very Rural, very Intelligent.
Tell the Data Centers no electric bill for the People, I asked for the PLEDGE and I want the bestest pledge they have!
PUBLIC RECORD
USDA announced a record $3.3 billion Rural Utilities Service loan to Oglethorpe Power. A USDA official said the project will serve 38 rural electric cooperatives and could support Georgia data centers, although Oglethorpe said the facility is not dedicated to one. The official also said the program had nearly $8.6 billion in requests one month into the fiscal year.