RUS IRA new ERA loan grant combo - loan 0% - grant

Active Project Grant Awarded

Award ID
CLSS00000090270
Recipient
Awarding agency
Obligated
$24,745,500

Award facts

Assistance listing
10.758 Affordable Rural Cooperative
Completion date 88% complete
Place of performance
Chattanooga, TN, USA

Award details come from USAspending.gov.

About this award

This Project Grant award of $24,745,500.00 from the U.S. Department of Agriculture's Rural Utilities Service (RUS) under the New Empowering Rural America (New ERA) Program (CFDA 10.758) supports an effort by Seven States Power Corporation to transform its rural electric infrastructure in Chattanooga, TN. The goal of the New ERA Program is to achieve significant reductions in greenhouse gas emissions while enhancing the resiliency, reliability, and affordability of rural electric systems. Eligible projects include energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage initiatives. This award will fund a comprehensive clean energy infrastructure project over the 2-year performance period from January 2025 to January 2027.

Quick answers

Who received award CLSS00000090270?

CLSS00000090270 was awarded to Seven States Power Corporation by Rural Utilities Service (Department of Agriculture) on January 15, 2025.

How much is award CLSS00000090270 worth?

$24,745,500 has been obligated on CLSS00000090270.

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