The Dominican Corporation of State Electrical Businesses (CDEEE) signed a financial agreement with the Canadian government to the tune of US$90 million. These resources will be used to develop hydroelectric ventures and improve the transmission lines in the DR. The financing is being guaranteed by the Canadian Commercial Corporation. One part of the money will go towards rural electricity service. Saul Santana, of the CDEEE, told El Caribe reporters that 42 substations of 138KV and 69KV would be reconditioned, and a 30MW substation would also be built with the funds. The agreement was signed by Ambassador Adam Blackwell for the Canadian government and Radhames Segura, the head of the CDEEE.