Paducah Power System and Princeton Electric will lessen some financial strain after refinancing $211 million in bonds this week.

The two utilities make up the Kentucky Municipal Power Agency, which owns 7.82 percent of the recently troubled Prairie State Energy Campus.

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A bill authorizing bonding projects for most of Kentucky's public universities appears to have ample support to be approved this week in  the state House.

House Bill 7  authorizes more than $300 million in projects, including renovations for dorm rooms, academic buildings and football stadium renovations at the University of Kentucky.