Public open houses for the Northland Reliability Project recently concluded after 14 meetings were held in seven different Minnesota cities from Grand Rapids to Becker. The meetings were held throughout the project’s study area to provide the public with information about Great River Energy, Minnesota Power and the project that the companies are jointly building. …
Open houses conclude for Northland Reliability Project Read More »
The Energy Efficient Equipment (E3) Loan Program administered by Great River Energy is seeing an uptick in activity as businesses work to overcome challenges related to workforce shortages, inflationary interest rates, and increased shipping and material costs. One recent example is Midstate Plastics Corporation, a thermoforming and injection molded plastics manufacturer based in the northern …
Unique loan program supports advanced manufacturing Read More »
Great River Energy employees have been hard at work for the last couple of years ensuring the massive power grid buildout underway in the Upper Midwest is in the best interest of the cooperative’s member-owners for reliability, affordability and fairness. They have enjoyed several significant victories throughout the process, not the least of which came …
Federal action makes transmission investment even better for member cooperatives Read More »
The U.S. Department of Agriculture (USDA) has awarded a $1.5 million loan to Stearns Electric Association, one of Great River Energy’s 27 member-owner cooperatives, to support the expansion of the Berkon Outdoors manufacturing facility. Berkon Industries, LLC was established in 2001 as an all-cedar dock manufacturing company owned and operated by entrepreneur Eric Berscheid. Berkon …
Stearns Electric supports manufacturing facility expansion Read More »
Great River Energy begins 2023 by adding two new wind agreements to its growing portfolio of renewable resources. The new year brought two new energy resources to Great River Energy’s power supply portfolio. The projects will collectively add more than 300 megawatts (MW) of nameplate generating capacity — and zero emissions. “Adding cost-effective wind resources …
The electric system proved resilient as Winter Storm Elliott brought blizzard conditions and subzero temperatures to the Midwest in the days leading up to Christmas. However, at critical moments Great River Energy and its member-owner cooperatives stepped up to keep the system reliable. Great River Energy and its member-owner cooperatives have designed their systems to …
Public open houses for the Northland Reliability Project began this month. The open houses will have stops in seven different cities from Grand Rapids to Becker with two meetings at each location. They are being held throughout the study area to provide the public with information about Great River Energy, Minnesota Power and the project …
Public invited to learn more about the Northland Reliability Project Read More »
Strong financial results allowed Great River Energy to return a bill credit to its member-owners Higher than expected annual revenues might inspire most companies to buy back shares, pay higher dividends or build their balance sheets. But not-for-profit cooperatives like Great River Energy provide electric service at cost and any additional gains are returned to …
The federal funding opportunities provided through the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA) are said to be a “once in an era” investment into our nation’s infrastructure and offer the largest opportunity to develop energy infrastructure since the Rural Electrification Act of 1936. Between the two bills, there are hundreds of billions …
Cooperatives hope to benefit from federal funding opportunities Read More »
Two of Great River Energy’s member-owner cooperatives recently announced who will take the helm as their new chief executive officers. Ryan Hentges will be the next president and CEO at Dakota Electric Association, based in Farmington, Minnesota. Matt O’Shea has already begun serving as CEO of Stearns Electric Association, based in Melrose, Minnesota. Hentges comes …