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

Active Project Grant Awarded

Award ID
CLSS00000090246
Recipient
Awarding agency
Obligated
$56,113,822

Award facts

Assistance listing
10.758 Affordable Rural Cooperative
Completion date 88% complete
Place of performance
Taos, NM 87571, USA

Award details come from USAspending.gov.

About this award

The Rural Utilities Service (RUS) of the U.S. Department of Agriculture awarded a $56,113,822 Project Grant under the New Empowering Rural America (New ERA) Program (CFDA 10.758) to Kit Carson Electric Cooperative, Inc. on January 15, 2025. The grant funding will support the cooperative's efforts to transform its rural electric infrastructure and achieve significant reductions in greenhouse gas emissions, while enhancing the resiliency, reliability, and affordability of its rural electric system. Key products and services to be delivered through this grant include energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage initiatives. The grant has a performance period from January 15, 2025 to January 15, 2027.

Quick answers

Who received award CLSS00000090246?

CLSS00000090246 was awarded to Kit Carson Electric Cooperative, Inc. by Rural Utilities Service (Department of Agriculture) on January 15, 2025.

How much is award CLSS00000090246 worth?

$56,113,822 has been obligated on CLSS00000090246.

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