RUS IRA new ERA loan grant combo - loan 2% - grant
Active Project Grant Awarded
- Award ID
- CLSS00000089978
- Recipient
-
Basin Electric Power Cooperative UEI T5DCJHWWHNP8
- Awarding agency
-
Rural Utilities Service
Department of Agriculture
- Obligated
- $115,030,549
Award facts
- Assistance listing
- 10.758 Affordable Rural Cooperative
- Completion date 92% complete
- Place of performance
- Bismarck, ND, USA
Award details come from USAspending.gov.
About this award
This federal Project Grant award of $115,030,549.00 was provided by the Rural Utilities Service (RUS) of the U.S. Department of Agriculture under the New Empowering Rural America (New ERA) Program (CFDA 10.758). The grant will support the Basin Electric Power Cooperative's AVS CO2 Carbon Capture division in Bismarck, ND to achieve significant reductions in greenhouse gas emissions while enhancing the resiliency, reliability, and affordability of rural electric systems. The award has an initial performance period from January 10, 2025 to January 10, 2027, with the possibility of extension. The New ERA Program provides financial assistance to eligible electric cooperatives to voluntarily transform their rural electric infrastructure through projects such as energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage initiatives.
Quick answers
Who received award CLSS00000089978?
CLSS00000089978 was awarded to Basin Electric Power Cooperative by Rural Utilities Service (Department of Agriculture) on January 10, 2025.
How much is award CLSS00000089978 worth?
$115,030,549 has been obligated on CLSS00000089978.
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