Biomass RUS Electric Program partnered with borrower, East Texas Electric Cooperative, Inc. (ETEC) in order to fund the recently completed Woodville Woody Biomass Project located near Woodville Texas. Woodville is a 49.9 MW carbon neutral renewable energy facility that will burn wood waste from the local area with the best available technology to minimize emissions and particulates. RUS Electric Program provided $151 million of the total cost of the project, which was estimated at $206 million.
Date of Obligation:
September 1, 2012