Company news Archives - Great River Energy https://greatriverenergy.com/category/company-news/ Wed, 09 Apr 2025 14:59:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://greatriverenergy.com/wp-content/uploads/2022/04/GRE-favicon.png Company news Archives - Great River Energy https://greatriverenergy.com/category/company-news/ 32 32 Annual report now available https://greatriverenergy.com/company-news/annual-report-now-available/ Wed, 09 Apr 2025 14:58:58 +0000 https://greatriverenergy.com/?p=4835 Great River Energy recently published its annual report, which details the cooperative’s operations and financial performance over the past calendar year. Also included in the 2024 report is a letter to members and stakeholders from President and Chief Executive Officer David Saggau and Board Chair Bob Bruckbauer; a look at Great River Energy’s energy network […]

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]]> Great River Energy, ITC Midwest and Xcel Energy move forward with Upper Midwest’s first 765-kV electric transmission backbone https://greatriverenergy.com/company-news/great-river-energy-itc-midwest-and-xcel-energy-move-forward-with-upper-midwests-first-765-kv-electric-transmission-backbone/ Mon, 10 Feb 2025 17:54:41 +0000 https://greatriverenergy.com/?p=4732 Project will bolster regional reliability and minimize environmental impact Several energy providers launched their plan to provide long-term electric reliability for customers by developing the Upper Midwest’s first 765-kilovolt (kV) transmission project, which will meet the significant growth in electricity use projected in the coming decades and improve access to new energy sources needed to […]

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]]> Minnesota Power, Great River Energy receive key regulatory approvals to build 345-kV transmission line for reliable, resilient grid https://greatriverenergy.com/company-news/minnesota-power-great-river-energy-receive-key-regulatory-approvals-to-build-345-kv-transmission-line-for-reliable-resilient-grid/ Thu, 23 Jan 2025 23:03:37 +0000 https://greatriverenergy.com/?p=4722 The Minnesota Public Utilities Commission today approved the Certificate of Need and Route Permit for Minnesota Power and Great River Energy’s jointly owned high-voltage transmission line to bolster electric reliability in northern and central Minnesota and support the regional clean energy transition. The Northland Reliability Project is an approximately 180-mile, double-circuit, 345-kilovolt (kV) transmission line […]

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]]> Great River Energy secures hundreds of millions in federal funding https://greatriverenergy.com/company-news/great-river-energy-secures-hundreds-of-millions-in-federal-funding/ Wed, 15 Jan 2025 16:31:16 +0000 https://greatriverenergy.com/?p=4715 Great River Energy and a consortium of its member-owners have officially secured a significant $812 million in funding provided by the U.S. Department of Agriculture’s (USDA) Empowering Rural America (New ERA) program, marking the culmination of nearly two years of dedicated effort by Great River Energy and its member-owners. This achievement represents the largest New […]

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]]> Co-op receives national, statewide accolades https://greatriverenergy.com/company-news/co-op-receives-national-statewide-accolades/ Wed, 15 Jan 2025 16:28:51 +0000 https://greatriverenergy.com/?p=4712 Great River Energy recognized for commitments to workplace equality, well-being efforts and community outreach Great River Energy was recently notified of several recognitions it received related to the cooperative’s dedication to employees and the communities where it serves and operates. ‘Equality 100 Award’ designation Great River Energy received a score of 100 on the Human […]

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]]> Great River Energy partners with Prisma Photonics to deploy advanced grid monitoring solution across Minnesota https://greatriverenergy.com/company-news/great-river-energy-partners-with-prisma-photonics-to-deploy-advanced-grid-monitoring-solution-across-minnesota/ Tue, 14 Jan 2025 20:20:45 +0000 https://greatriverenergy.com/?p=4692 Prisma Photonics’ state of the art technology leverages existing fiber optic infrastructure to enable real-time grid monitoring for extreme weather threats like icing and wildfires Great River Energy, the not-for-profit power cooperative serving 1.7 million people across Minnesota and Wisconsin, today announced a partnership with Prisma Photonics to deploy its PrismaPower™ monitoring technology across approximately […]

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]]> MISO approves historic portfolio of high-voltage electric transmission lines https://greatriverenergy.com/company-news/miso-approves-historic-portfolio-of-high-voltage-electric-transmission-lines/ Thu, 12 Dec 2024 18:34:09 +0000 https://gredev.local/?p=4660 Great River Energy to be involved in 3 projects, including 765-kV ‘superhighway’ MISO approved of a new set of high-voltage transmission projects on Thursday, Dec. 12, that will help energy companies in the Upper Midwest, like Great River Energy, continue to deliver reliable energy and expand a robust electrical grid that features more carbon-free renewable […]

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]]> Investing in the future https://greatriverenergy.com/company-news/investing-in-the-future/ Wed, 13 Nov 2024 17:17:04 +0000 https://gredev.local/?p=4635 Monarch conservation program approves Great River Energy’s membership in recognition of its work on pollinator preservation Great River Energy’s application for participation in the monarch candidate conservation agreement with assurances (CCAA) was approved, making the cooperative a formal member of this program. The CCAA is a voluntary program to create habitat for the monarch butterfly […]

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]]> Board approves budget and rates for year ahead https://greatriverenergy.com/cooperatives-articles/board-approves-budget-and-rates-for-year-ahead/ Wed, 13 Nov 2024 17:12:35 +0000 https://gredev.local/?p=4634 Great River Energy is budgeting for revenue and expenses of approximately $1.1 billion in 2025, as it allocates funds to operate the business in addition to making necessary investments in the electric system. As a not-for-profit cooperative, Great River Energy collects enough revenue to cover its costs as well as a margin to operate the […]

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]]> Great River Energy receives $15.4M for grid initiatives https://greatriverenergy.com/company-news/great-river-energy-receives-15-4m-for-grid-initiatives/ Wed, 13 Nov 2024 17:11:37 +0000 https://gredev.local/?p=4633 Great River Energy is one of 12 cooperative electric utilities across the country selected to negotiate contracts for over $97 million in federal infrastructure funding. The funding will be provided through the Department of Energy’s $10.5 billion Grid Resilience and Innovation Partnerships (GRIP) program, which was created through the Bipartisan Infrastructure Law of 2021 to […]

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