Company news Archives - Great River Energy
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A commitment beyond the workplace

Great River Energy earns recognition for fostering a culture that empowers employees to serve both the co-op and their country Great River Energy took the national spotlight last month, earning recognition as one of the Navy Reserve’s outstanding employer partners — an honor that celebrates the cooperative’s unwavering commitment to supporting employees who serve. At […]

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Great River Energy completes $300 million private placement

Great River Energy launched and priced a private placement note offering last month, securing $300 million in long-term financing at a favorable interest rate. Strong investor interest, including bids from five new purchasers, resulted in competitive borrowing terms for the cooperative. “Great River Energy continues to be viewed as a good investment by the financial

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PowerOn to fuel billions in economic impact across Minnesota

New report highlights benefits for communities, jobs and long-term regional growth A new economic impact report projects major job creation, economic growth and long-term tax revenue from the PowerOn Midwest projects as electricity demand continues to rise in the region. PowerOn Midwest, a group of major transmission projects anchored by a 765‑kilovolt (kV) line, is designed to make

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Members lead the way

Great River Energy’s board seats directors, elects officers at annual meeting Representatives from Great River Energy’s member-owners came together June 3 to seat the cooperative’s governing body and elect leadership for the year ahead. “Annual meetings are a cornerstone of the cooperative model, bringing member-owners together to help shape the future of their organization,” said

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Supporting those who serve

Great River Energy earns Patriot Award for assisting deployed military employee Great River Energy was recently recognized with the prestigious Patriot Award, an honor given to companies that demonstrate exceptional support for employees serving in the military.   Senior Supply Chain Agent Andre LeBlanc nominated the company for going above and beyond to assist his family during his 2025 deployment to the Middle

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PowerOn Midwest Economic Impact Report highlights billions in benefits for Minnesota

A new report projects major job creation, economic growth and long-term tax revenue as region prepares for rising energy demand.  PowerOn Midwest will generate billions in economic activity, support thousands of jobs and strengthen local tax bases across Minnesota and South Dakota as electricity demand accelerates in the coming decade, according to a new economic study released today.  PowerOn Midwest,

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We Are GRE: A cooperative commitment to shared purpose and values

What originated as a rallying cry among the first cohort of people to work for Great River Energy was recently given renewed life — and purpose — for the current class of cooperative employees: We Are GRE. More than 25 years after Great River Energy was formed, this slogan still applies to the cross-functional unity

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Expansion doubles space at New Prague Service Center

The year-long expansion of Great River Energy’s New Prague Service Center was recently completed, adding 3,500 square feet of office and meeting space in addition to 17,500 square feet of heated shop to support new heavy equipment and materials. This project doubled the size of the previous space. The expanded garage will house both existing and new heavy equipment used by transmission to service regional assets, including a

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A roadmap for the future

Great River Energy files integrated resource plan that charts 15-year path for reliable, affordable power Great River Energy submitted its integrated resource plan (IRP) April 1 to the Minnesota Public Utilities Commission, outlining a long-term strategy to reliably and affordably serve its 26 member-owner cooperatives while adapting to a rapidly evolving energy landscape.  The IRP is a foundational planning

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