DALLAS - The Grand River Dam Authority will enhance its ability to provide electrical power to municipal and industrial customers in Oklahoma, Arkansas, and Kansas with proceeds from this week's negotiated sale of $568.3 million of revenue bonds by the Oklahoma state agency.

The GRDA will use $306.7 million of the proceeds to purchase a 36% share in an already operational power plant in its service territory. The remaining $261.6 million will finance the agency's capital improvement program through 2011.

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