The money from the U.S. Department of Agriculture will go to build or repair electric distribution lines and to finance energy conservation or renewable energy systems.
About $200 million will go to Springfield-based Associated Electric Cooperative, which serves customers in Missouri, Oklahoma and Iowa.
Nearly $19 million will go to United Electric Cooperatives, based in Savannah.
West Central Electric Cooperative, based in Higginsville, will get nearly $13 million.
Sac Osage Electric Cooperative, based in El Dorado Springs, will receive $5.5 million.