RUS IRA new ERA loan grant combo - loan 2% - grant

Active Project Grant Awarded

Award ID
CLSS00000090144
Recipient
Awarding agency
Obligated
$316,862,500

Award facts

Assistance listing
10.758 Affordable Rural Cooperative
Completion date 91% complete
Place of performance
Winchester, KY 40391, USA

Award details come from USAspending.gov.

About this award

This $316,862,500.00 Project Grant awarded on January 14, 2025 by the Rural Utilities Service (RUS) of the U.S. Department of Agriculture supports the New Empowering Rural America (New ERA) Program (CFDA 10.758). The grant will assist East Kentucky Power Cooperative, Inc. in transforming its rural electric infrastructure to achieve significant reductions in greenhouse gas emissions while enhancing the resiliency, reliability, and affordability of its rural electric system. Eligible projects include energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage initiatives. The grant has a performance period from 2025 to 2027.

Quick answers

Who received award CLSS00000090144?

CLSS00000090144 was awarded to East Kentucky Power Cooperative, Inc. by Rural Utilities Service (Department of Agriculture) on January 14, 2025.

How much is award CLSS00000090144 worth?

$316,862,500 has been obligated on CLSS00000090144.

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