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

Active Project Grant Awarded

Award ID
CLSS00000091060
Recipient
Awarding agency
Obligated
$100,000,000

Award facts

Assistance listing
10.758 Affordable Rural Cooperative
Completion date 88% complete
Place of performance
Grand Forks, ND, USA

Award details come from USAspending.gov.

About this award

The federal Project Grant award of $100,000,000.00 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 funding supports Minnkota Power Cooperative, Inc., a non-profit electric cooperative in Grand Forks, ND, in undertaking a comprehensive clean energy infrastructure transformation project. Key products and services to be delivered include renewable energy deployment, zero-emission systems, and carbon capture storage initiatives aimed at significantly reducing greenhouse gas emissions while enhancing the resiliency, reliability, and affordability of the rural electric system. The award was made on January 17, 2025 with an ultimate completion date of January 17, 2027. Minnkota Power Cooperative has also engaged in sub-grant work with the State of North Dakota on related public utility and infrastructure projects.

Quick answers

Who received award CLSS00000091060?

CLSS00000091060 was awarded to Minnkota Power Cooperative, Inc. by Rural Utilities Service (Department of Agriculture) on January 17, 2025.

How much is award CLSS00000091060 worth?

$100,000,000 has been obligated on CLSS00000091060.

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