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GEUS to consider short-term financing

Herald-Banner staff report Mar 7, 2021 The local electric utility system is consider taking out a loan to help pay the bills associated with last month’s devastating winter storm. Courtesy logo The local electric utility system is consider taking out a loan to help pay the bills associated with last month’s devastating winter storm. GEUS announced Friday that the GEUS Board of Trustees will consider securing short-term financing. “At this time, the costs of this event are being absorbed by GEUS,” said GEUS Board of Trustees Chair Sue Ann Harting. A public hearing to discuss the matter at the GEUS Operations Center, 6000 Joe Ramsey Blvd., in Greenville at 6 p.m. Thursday, March 11.

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