Trenton, Tenn. — Yesterday the U.S. Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Donald “DJ” LaVoy announced the award of a $31.9 million low-interest loan to Gibson Electric Membership Corporation to build high-speed broadband infrastructure in parts of western Kentucky and western Tennessee. Gibson EMC has been working to provide high-speed internet access to its consumer-members since 2017, when the Tennessee Broadband Accessibility Act was passed and the cooperative formed Gibson Connect, its wholly-owned, not-for-profit broadband subsidiary.
“Gibson EMC is grateful our ReConnect loan application was approved,” said Gibson EMC and Gibson Connect President and CEO Dan Rodamaker. “This low-interest loan will enable us to more affordably deploy broadband to our members,” he said. “We will use the funds primarily in parts of Hickman and Fulton counties in Kentucky and Obion County in Tennessee, as well as some areas in neighboring Carlisle and Graves counties in Kentucky and Lake, Dyer and Weakley counties in Tennessee.”
Gibson Connect is in its second year of a 3,100-mile construction project covering parts of four Kentucky counties and eight Tennessee counties. The project is being done in phases and is expected to take another three to four years to complete.
Gibson EMC’s members are driving the order of construction. The co-op’s 12-county service area is divided into zones based on substations and communities. Members can show support of this project and speed construction in their area by registering for the service at join.gibsonconnect.com. Zones that have reached their participation goals and zones funded by grants the cooperative has applied for and received are being built first.
“Ultimately we plan to provide high-speed, fiber-based internet service access to all of our members,” Rodamaker said. “Access to this essential service can enable our members to enjoy a better quality of life and help our communities thrive,” he said. “We’re honored to partner with the USDA to help bridge the digital divide.”
Caption: USDA Deputy Under Secretary for Rural Development Donald “DJ” LaVoy (center) and Hilda Legg, State Director of USDA Rural Development-Kentucky (at podium) congratulate Gibson EMC and Gibson Connect President and CEO Dan Rodamaker on being awarded a $31.9 million ReConnect low-interest loan.