Basin Electric Power Cooperative, founded in 1961 and headquartered in Bismarck, North Dakota, is a nonprofit cooperative dedicated to providing reliable and affordable electricity to its member systems across the Upper Midwest. The cooperative generates power primarily from coal, natural gas, and renewable sources, ensuring a diverse energy portfolio to meet the demands of its members.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BASINE 4.75% 2047-04-26 USDBasin Electric Power Cooperative | United States | 2047-04-26 | 4.750 | 5.71 |
| BASINE 4.75% 2047-04-26 USDBasin Electric Power Cooperative | United States | 2047-04-26 | 4.750 | 5.71 |
| BASINE 5.85% 2055-10-15 USDBasin Electric Power Cooperative | United States | 2055-10-15 | 5.850 | 5.88 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Basin Electric began issuing bonds in the early 1980s to finance its expansion and infrastructure improvements, with a notable issuance of $650 million in 2020 aimed at supporting renewable energy projects. The cooperative's bonds have historically offered competitive yields, often above industry averages, due to their strategic focus on utility infrastructure and energy sustainability. Recent bond offerings featured unique structures with green initiatives, aligning with investor preferences for environmental stewardship, further enhancing their appeal in the current market landscape.