Archive - Page 31 of 33 - Great River Energy

Terebinth Refuge wins statewide Minnesota Touchstone Energy Community Award

Community, Cooperatives, Member-owner cooperatives /

A St. Cloud-based nonprofit is the recipient of the statewide 2020 Minnesota Touchstone Energy Community Award. Terebinth Refuge, a shelter and safe home serving sexually exploited and trafficked women in Minnesota, received the award from the Minnesota Rural Electric Association along with $1,000 for its efforts. Minnesota Touchstone Energy cooperatives adhere to the seven cooperative …

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Member Moment: Todd-Wadena Electric Cooperative

Community, Cooperatives, Member-owner cooperatives /

“Member Moment” highlights one of Great River Energy’s member-owner cooperatives and how it uniquely demonstrates what it means to be a cooperative. This member-owner cooperative has deep roots in its communities and provides electric service to one of the largest seed corn companies in the United States. Todd-Wadena Electric Cooperative employees regularly volunteer in chamber …

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Board brings relief for members affected by coronavirus

Company news, Cooperatives, Member-owner cooperatives /

Great River Energy’s board of directors earlier this month allocated funds to assist its 28 member-owner cooperatives with financial challenges related to the coronavirus pandemic. The cooperative allocated $3 million to assist its member-owners with unforeseen expenses, such as missed payments and forgiven late fees. “This demonstrates why 28 cooperatives benefit by being united as …

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$10 million of patronage capital returned to members

Company news, Cooperatives, Member-owner cooperatives /

When member-owner cooperatives have positive financial results, they return cash to their members. When Great River Energy’s financial position is strong, it issues payments to the 28 cooperatives that own its company. For the second time in its history, Great River Energy retired patronage capital through cash payments to its 28 member-owner cooperatives. In all, …

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Co-ops and COVID-19: Elections, reporting continue despite pandemic

Company news, Cooperatives, Member-owner cooperatives /

Although the coronavirus pandemic prevented Great River Energy’s stakeholders from their traditional in-person gathering in 2020, Great River Energy completed its cooperative duty by holding elections and disclosing financial and operational information. “Our first priority is keeping our stakeholders safe and healthy, but our obligation to member-owners remains,” said Great River Energy President and Chief …

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Member Moment: Meeker Cooperative

Member-owner cooperatives /

“Member Moment” highlights one of Great River Energy’s member-owner cooperatives and how it uniquely demonstrates what it means to be a cooperative. Meeker Cooperative’s year of incorporation alone—1935—suggests it holds a storied history, which the electric co-op delivers on and continues to add to year after year. The co-op was chosen by the Rural Electric …

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Great River Energy aids in Heartview’s recovery expansion

Company news, Cooperatives, Sustainability /

As alcohol and drug addiction has risen – doubling in the past five years – so has the need for additional treatment services and space at the Heartview Foundation in North Dakota. To help meet the growing demand for treatment facilities, Great River Energy donated $50,000 to the Heartview Foundation’s capital campaign. The donated funds …

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A partner that cares: Sustainability at Great River Energy

Company news, Sustainability /

As a cooperative, Great River Energy is deeply committed to sustainability through solid environmental policies and practices and helping to build strong communities. Sustainability has been at the heart of the organization since it was formed in 1999. Great River Energy strives to provide its member-owner cooperatives with affordable, reliable energy in harmony with a …

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