Independent Power Producers and Energy Traders
Company Overview of Great River Energy
Great River Energy, a not-for-profit electric cooperative, engages in the generation and transmission of electricity in Minnesota and Wisconsin. It provides wholesale electric services to 28 member distribution cooperatives that engage in the retail sale of electricity to member consumers. The company generates electricity through the coal, biomass, natural gas, and oil plants. It owns and operates 12 power plants with a generation capacity of approximately 2,800 megawatts, as well as approximately 4,600 miles of transmission lines; and owns or partly owns approximately 100 transmission substations. As of February 15, 2013, its member cooperatives distributed electricity to approximately 645...
12300 Elm Creek Boulevard
Maple Grove, MN 55369
Key Executives for Great River Energy
Chief Executive Officer and President
Chief Financial Officer and Vice President
Vice President and General Counsel
Vice President of Business Development and Strategy
Chief Information Officer and Vice President
Compensation as of Fiscal Year 2013.
Great River Energy Key Developments
Great River Energy Signs 200-Megawatt Seasonal Exchange with Manitoba Hydro
Oct 24 13
Great River Energy signed a 200-megawatt seasonal diversity exchange with Manitoba Hydro of Winnipeg, extending a 150-megawatt arrangement that has been in place between the two utilities since 1995. The new agreement runs until 2030. The new agreement with Manitoba Hydro helps continue that trend. The diversity exchange means Manitoba Hydro will provide 200 megawatts of renewable hydroelectric capacity to Great River Energy in the summer to meet its energy needs, while Great River Energy will provide Manitoba Hydro with 200 megawatts of capacity during the winter.
Great River Energy to Sell Coal-Drying Technology to Tangshan Shenzhou Manufacturing Co
Sep 26 13
Great River Energy will sell its coal-drying technology to Tangshan Shenzhou Manufacturing Co. under a 10-year deal. The license agreement gives Tangshan exclusivity to sell the DryFining technology to power plants in China. The technology was developed in collaboration with the U.S. Department of Energy and is one of a limited number of DOE projects that have been commercialized.
Great River Energy Reports Unaudited Revenue Results for the Year 2012
Jan 23 13
Great River Energy reported unaudited revenue results for the year 2012. For the year, the company's 2012 revenues totaled more than $921 million, and 2012 margins exceeded $45 million outpacing its budgeted margin target of $40 million.
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