Great River Energy was recently recognized for partnering with the Theodore Roosevelt Medora Foundation to help support Medora’s newest attraction: Point to Point Park. A Great River Energy donation, along with a matching grant from the Butler Family Foundation, will help build the park. “We are grateful to have Great River Energy as a consistent …
Medora Foundation recognizes partnership with Great River Energy Read More »
Three Great River Energy employees recently received Technology Transfer Awards from the Electric Power Research Institute (EPRI) for their achievements in collaborative research and development projects. Presented annually, EPRI’s Technology Transfer Awards recognize industry leaders and innovators who help companies transform research into results and solutions that can improve the efficiency of power plants, harden …
Extraordinary times and extraordinary measures – these are the kinds of scenarios that people who manage risk for electric cooperatives think long and hard about year in and year out, even when things are going smoothly. This kind of thinking is what prepared Great River Energy to continue reliable service when the coronavirus (COVID-19) pandemic …
Effective planning, aggressive steps make pandemic response a success Read More »
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 …
Terebinth Refuge wins statewide Minnesota Touchstone Energy Community Award Read More »
“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 …
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 …
Board brings relief for members affected by coronavirus Read More »
They set out in the dead of night and the cold of winter to restore power. They climb poles, work from bucket trucks and drive to remote locations to keep electricity flowing to your home. Even during the coronavirus pandemic, these technicians perform critical work to ensure reliability and public safety. Line technicians were recognized …
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, …
$10 million of patronage capital returned to members Read More »
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 …
Co-ops and COVID-19: Elections, reporting continue despite pandemic Read More »
“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 …