Company news Archives - Great River Energy
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Great River Energy invites public to January town halls on future energy plans 

Jan. 21 update regarding Mankato town hall: Due to the weather, tonight’s IRP town hall hosted by Great River Energy in Mankato has been postponed. The event will now take place, Wednesday, January 28th from 4-6 P.M. at Country Inn & Suites by Radisson 1900 Premier Drive, Mankato, MN Great River Energy is set to […]

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Moody’s affirms strong credit rating  

Moody’s Ratings has affirmed its A3 rating of Great River Energy, maintaining a stable outlook for the cooperative.   This affirmation highlights confidence in Great River Energy’s financial strength, even as the organization prepares for a significant increase in capital spending over the next several years.  “Moody’s affirmation of our credit rating is a testament to Great River

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GridEx VIII puts Great River Energy to the test

National grid exercise simulates wildfires, ice storms and sabotage Practice makes perfect. That was the mantra last month at Great River Energy as the two-day GridEx VIII crisis exercise simulated several emergencies, including a substation fire, cybersecurity breach, wildfire, winter storm and widespread power outage.  GridEx, the electricity industry’s largest cyber and physical security exercise, is hosted every two years

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Dynamic line rating project earns co-op prestigious award

Great River Energy was recently selected as the winner of POWER Magazine’s prestigious 2025 Transmission & Distribution Award, recognizing the electric cooperative’s groundbreaking dynamic line rating project with Heimdall Power. The Transmission & Distribution Award honors companies that have implemented groundbreaking projects to enhance grid reliability, efficiency and sustainability. It recognizes forward-thinking initiatives that leverage

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‘A true culture of health’

Great River Energy ranked among Healthiest 100 Workplaces Great River Energy was recently recognized for its commitment to workplace wellness and exceptional health and benefits offerings by once again receiving the Healthiest 100 Workplaces in America award designation. The award highlights organizations from across the nation of various sizes and industries. Great River Energy is

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State and industry celebrate groundbreaking on Northland Reliability Project

Energy leaders and state partners gathered Wednesday, Oct. 8, at a groundbreaking celebration for the Northland Reliability Project, a transformative transmission project that will boost grid reliability and resilience in northern and central Minnesota as the clean-energy transition continues. Jointly owned by Great River Energy and Minnesota Power, the Northland Reliability Project is the first

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Energy storage project to bolster Midwest’s renewable energy landscape 

Great River Energy has executed commercial agreements for a new, large-scale energy storage project tied to the Emmons-Logan Wind project in North Dakota. The project is set to integrate a lithium-ion energy storage system, leveraging the existing interconnection to maximize efficiency, economic value and renewable energy utilization.  With a project size of 140 megawatts, this

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Minnesota Power, Great River Energy break ground on transformative transmission line for a reliable, resilient grid

Northland Reliability Project is first major transmission initiative in MISO’s Tranche 1 BECKER, Minn. – Energy leaders and state partners gathered today at a groundbreaking celebration for the Northland Reliability Project, a transformative transmission project that will boost grid reliability and resilience in northern and central Minnesota as the clean-energy transition continues. Jointly owned by

Minnesota Power, Great River Energy break ground on transformative transmission line for a reliable, resilient grid Read More »

Bond issuance secures $300 million for electric system enhancements

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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