Jo-Carroll Plans to Merge with Utility

Summary


ELIZABETH, Ill. - Jo-Carroll Energy Inc. and Farmers Mutual Electric Company have announced plans to combine to form a larger, member-owned utility cooperative.

The combination, which is subject to approval by the members of Farmers Mutual, will result in a not-for-profit cooperative serving approximately 28,000 electric and natural gas accounts in portions of Carroll, Jo Daviess, Henry and Whiteside counties. The boards of both cooperatives voted unanimously to approve the transaction earlier this week.

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Jo-Carroll Plans to Merge with Utility

Both organizations are ...

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