RUS IRA new ERA loan grant combo - loan 0% - grant
Active Project Grant Awarded
- Award ID
- CLSS00000090280
- Recipient
-
Golden Valley Electric Association Inc. UEI XJDQRVQMMH38
- Awarding agency
-
Rural Utilities Service
Department of Agriculture
- Obligated
- $70,972,123
Award facts
- Assistance listing
- 10.758 Affordable Rural Cooperative
- Completion date 88% complete
- Place of performance
- Fairbanks, AK, USA
Award details come from USAspending.gov.
About this award
The federal Project Grant award of $70,972,123 was provided by the U.S. Department of Agriculture's Rural Utilities Service (RUS) under the New Empowering Rural America (New ERA) Program (CFDA 10.758). The grant is intended to support the Golden Valley Electric Association Inc., a non-profit electric utility cooperative in Fairbanks, Alaska, in transforming its rural electric infrastructure to achieve significant reductions in greenhouse gas emissions while enhancing the resiliency, reliability, and affordability of the rural electric system. The grant funding will be used for projects focused on energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage initiatives. The award has a performance period from January 15, 2025, to January 15, 2027.
Quick answers
Who received award CLSS00000090280?
CLSS00000090280 was awarded to Golden Valley Electric Association Inc. by Rural Utilities Service (Department of Agriculture) on January 15, 2025.
How much is award CLSS00000090280 worth?
$70,972,123 has been obligated on CLSS00000090280.
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