Archive - Great River Energy

Partnering to promote pollinators

Great River Energy, Minnesota Landscape Arboretum collaborate on educational initiative Great River Energy, a not-for-profit wholesale electric cooperative serving 27 member-owner distribution cooperatives, today announced its partnership with the Farm at the Arb at the Minnesota Landscape Arboretum in Chaska to further promote pollinator initiatives and education. The partnership includes Great River Energy’s sponsorship of …

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Private placement issuance well-received by investors

Great River Energy was successful in the capital markets last month, as the cooperative secured important funding for its construction program. Great River Energy launched and priced a private placement note offering securing $250 million in long-term financing at a favorable interest rate. Strong investor interest, including bids from three new purchasers, resulted in a …

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Investing where they serve

New headquarters demonstrate cooperative focus on economic development Many Great River Energy member-owner cooperatives have recognized the need to update their headquarters buildings, service centers and other facilities in recent years to better serve their members and ensure the safety of their staff. The unique ways they have approached these projects have created significant economic …

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Electric squad car brings savings, community engagement

The Eagan Police Department added a Tesla Model Y Performance to its fleet of squad vehicles over a year ago as part of a demonstration project and the reviews are in: “This [car] is very fast and a lot of fun to drive in a police setting.” Those words from Detective Chris Meade were representative …

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Co-op seeks funding for grid resilience projects

Great River Energy employees recently completed a massive effort to submit applications for the second round of funding from the Grid Resilience and Innovation Partnerships (GRIP) program, which is part of the Bipartisan Infrastructure Law. Among other things, the GRIP program will provide funds for projects in the arenas of grid resilience, smart grid and …

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Ready for summer heat

Regional power grid provides an outlook for the peak summer season The Midwest grid operator, known as MISO, anticipates a stable summer for the region’s electric grid, projecting a probable peak demand of around 123 gigawatts (GW) and total available generation capacity of approximately 143 GW. While MISO expects sufficient capacity for normal summer conditions, …

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The cooperative way

Great River Energy’s board of directors recently marked a milestone in the electric cooperative’s history by convening for its 25th annual meeting Annual meetings have become synonymous with the unique qualities that set cooperatives apart from other companies, including autonomy and independence as well as democratic member control. Great River Energy’s roots are embedded in …

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Energy experts discuss reliability challenges, solutions

As the energy industry continues to evolve, electric cooperatives are ensuring their members are kept up to date on major topics that are currently affecting — or could, in the future — their particular region. One of the ways cooperatives are engaging their membership on current trends and topics is by hosting events that gather …

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