Category Archives: Economic development

Economic development shifts focus in face of pandemic

In a year that will long be remembered for its unprecedented challenges, Great River Energy found ways to adapt and continue working with its 28 member-owner cooperatives and economic development partners around Minnesota to support them and carve out opportunities wherever possible. Travel restrictions and mandated closures resulted in a slower start to the year. […]

Co-ops help DataBank achieve renewable energy milestone

With the help of Dakota Electric Association and Great River Energy, a local data center is powered entirely by renewable energy. DataBank, a leading provider of enterprise-class colocation, connectivity and managed services, announced the milestone was achieved at MSP2, a data center located in Eagan, Minnesota. DataBank entered into an agreement with utility provider Dakota […]

Co-ops lead in growing indoor ag trend

Minnesota grocers have long relied on trucking in salad greens and tomatoes from farms thousands of miles away for at least a portion of the year. This amount of travel compromises produce quality and freshness, raises prices and creates more carbon emissions. But with advanced indoor farming technology, produce can be grown closer to home […]

Construction underway on Faribault air separation plant

Construction is underway in Faribault, Minnesota, on an independently owned and operated air separation plant that will be powered by reliable electric service from Steele-Waseca Cooperative Electric (SWCE), one of Great River Energy’s 28 member-owner cooperatives. Absolute Air—a consortium of five independent gas and welding supply distributors along with the Independent Welding Distributors Cooperative—will bring […]

Service center opens in St. James Industrial Park

Great River Energy leaders, the mayor and city representatives of St. James, Minn., and Wilcon Construction recently cut the ribbon on a new 20,000-square-foot steel building in the St. James Industrial Park. “This service center is strategically located to serve our southern members,” said Priti Patel, vice president and chief transmission officer at Great River […]

EDAM names Lambrecht ‘Economic Developer of the Year’

Tom Lambrecht, economic development manager at Great River Energy, was recently honored for his leadership in the industry by the Economic Development Association of Minnesota (EDAM). Lambrecht received the Economic Developer of the Year award last month at EDAM’s annual winter conference where the organization recognizes projects and professionals in the economic development industry who […]

Co-ops help HVAC manufacturer expand production

On its journey to become the No. 1 applied HVAC manufacturer in North America, Daikin Applied recently announced its intent to expand production capabilities with a new state-of-the-art, built-to-order manufacturing facility in southern Minnesota, north of Faribault. Daikin selected Minnesota to host the $40 million project over competing sites in the southern United States and […]

Million-dollar partnership will help spur small business growth

A partnership formed between Great River Energy and The Entrepreneur Fund will benefit small businesses and entrepreneurs in the two organizations’ shared service areas with a $1 million program loan provided by Great River Energy. An event held Thursday, Aug. 16, at Clyde Iron Works in Duluth, Minn., celebrated this venture with a check presentation. […]