RUS IRA new ERA grant

Active Project Grant Awarded

Award ID
CLSS00000090236
Recipient
Awarding agency
Obligated
$35,667,202

Award facts

Assistance listing
10.758 Affordable Rural Cooperative
Completion date 87% complete
Place of performance
Somerville, TN 38068, USA

Award details come from USAspending.gov.

About this award

This $35,667,202 federal Project Grant award from the U.S. Department of Agriculture's Rural Utilities Service (RUS) under the New Empowering Rural America (New ERA) Program (CFDA 10.758) will support the Chickasaw Electric Cooperative in Somerville, Tennessee to transform their rural electric infrastructure. The funding, awarded on January 15, 2025, will enable the cooperative to achieve significant reductions in greenhouse gas emissions while enhancing the resiliency, reliability, and affordability of their rural electric system. The New ERA Program provides financial assistance, including loans at favorable interest rates and grants up to 25% of total project costs, to eligible electric cooperatives to fund comprehensive clean energy infrastructure projects in rural areas.

Quick answers

Who received award CLSS00000090236?

CLSS00000090236 was awarded to Chickasaw Electric Cooperative by Rural Utilities Service (Department of Agriculture) on January 15, 2025.

How much is award CLSS00000090236 worth?

$35,667,202 has been obligated on CLSS00000090236.

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