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Bond issuance secures $300 million for electric system enhancements

Company news /

With several significant regional transmission and other construction projects on the horizon, Great River Energy recently sought and secured necessary funding from the capital markets. The cooperative launched and priced a private placement note issuance that attracted strong investor demand, and ultimately secured $300 million at an interest rate of 5.80%. Of the 17 institutional investors participating, […]

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Sparking an interest

Cooperatives, Initiatives /

Cooperative Careers Camp welcomes more than 60 students to learn about energy careers through hands-on demonstrations According to the U.S. Department of Energy, jobs in the energy industry are growing 25% faster than overall employment in the country. “We are seeing a generation of skilled workers retiring from our industry,” said Great River Energy Talent

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Paddling Opener draws crowds to the Mississippi River

Community, Cooperatives /

The fourth annual Great River Energy Minnesota Paddling Opener, held June 13-15, was the event’s largest yet — marking the first year under its new name and drawing over 500 participants and spectators from across the United States and beyond. Paddlers selected from five courses ranging in distance from 145 miles to the 5-mile “Root

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Cabin country is co-op country

Beneficial electrification, Community, Cooperatives, Economic development, Member-owner cooperatives /

Electric cooperatives support local tourism by powering many of Minnesota’s lake resorts Minnesota’s iconic lake resorts are the heartbeat of many rural communities. They generate economic activity, preserve traditions and offer visitors an unforgettable escape into nature. With 11,842 lakes and 755 resorts and lodges across the state, these businesses, which are often family owned,

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Patel elected to MDU Resources board of directors

Employee news, Transmission /

MDU Resources Group, Inc. announced that Priti Patel, vice president and chief transmission officer at Great River Energy, has been elected to its board of directors following nomination by the board and approval by shareholders. Patel brings 28 years of experience in the energy industry, with a focus on electric transmission systems, infrastructure planning and

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Quick action saves a life

Community, Cooperatives, Member-owner cooperatives, Safety /

Electrical contact incident serves as reminder of importance of electrical safety, emergency preparedness Two electric cooperative crews traveling to a job site came upon an emergency situation and stopped to respond, utilizing safety protocols they’d been trained in to help the injured. Four Dakota Electric Association (DEA) employees came upon the aftermath of a semi-truck

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Employees spend week working with Habitat for Humanity

Community, Cooperatives, Transmission /

Great River Energy employees rolled up their sleeves to support the Twin Cities Habitat for Humanity organization by helping to build new homes in Prior Lake in May. This year, employees — primarily from the transmission division — worked on a set of four townhomes. Twin Cities Habitat for Humanity is committed to building the

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Peregrine falcons hatch, are banded in Elk River

Cooperatives, Sustainability /

The pair of peregrine falcons residing in Great River Energy’s nesting box, Brooklyn and Breezy, successfully hatched four eyasses (young falcons) in late April. Representatives from the Raptor Resource Project recently visited Great River Energy’s Elk River campus to band the young peregrine falcons. Using a Great River Energy bucket truck to reach the nesting

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Hogenson named interim CEO at CLP

Cooperatives, Member-owner cooperatives /

The Cooperative Light & Power (CLP) board of directors recently appointed Carey Hogenson as interim chief executive officer. The announcement followed the resignation of Joel Janorschke, who will assume same role at Lake Region Electric Cooperative, based in Pelican Rapids, Minnesota. “As interim CEO, I plan to focus on continuity and stability,” Hogenson said. “Joel

Hogenson named interim CEO at CLP Read More »

New title sponsorship connects co-ops with river communities

Community, Company news /

Minnesota Paddling Opener brings people to the Mississippi River Great River Energy was recently named title sponsor of an event that ties together the great Minnesota outdoors, the Mississippi River and portions of its member-owner service territory. The Minnesota Paddling Opener is an annual celebration that attracts hundreds of paddlers — people who kayak, canoe

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