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

Active Project Grant Awarded

Award ID
CLSS00000090296
Recipient
Awarding agency
Obligated
$306,464,331

Award facts

Assistance listing
10.758 Affordable Rural Cooperative
Completion date 89% complete
Place of performance
Columbia, SC 29202, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Rural Utilities Service (RUS) of the U.S. Department of Agriculture awarded a $306,464,331 Project Grant under the New Empowering Rural America (New ERA) Program (CFDA 10.758) to Central Electric Power Cooperative Inc. in Columbia, South Carolina. This grant, along with a 0% interest loan, aims to support the cooperative's comprehensive clean energy infrastructure transformation project to achieve significant greenhouse gas emissions reductions while enhancing the resiliency, reliability, and affordability of the rural electric system. The project has a planned completion date of January 15, 2027 and includes initiatives such as energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage. The New ERA Program provides financial assistance, including loans and grants, to eligible electric cooperatives to modernize rural electric infrastructure and promote sustainability.

Quick answers

Who received award CLSS00000090296?

CLSS00000090296 was awarded to Central Electric Power Cooperative Inc. by Rural Utilities Service (Department of Agriculture) on January 15, 2025.

How much is award CLSS00000090296 worth?

$306,464,331 has been obligated on CLSS00000090296.

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