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COLUMBUS, Neb. - The Nebraska Public Power District plans to issue more than $300 million in bonds next week to finance transmission lines and other projects.
The bonds will also help pay for improvements at NPPD's Gerald Gentleman Station power plant near Sutherland, and for the company's participation in the Omaha Public Power District's new Nebraska City plant.
But most of the money will pay for transmission line construction between Columbus and Lincoln.
The majority of the bonds will be repaid over a 30-year period.
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