Great River Energy, founded in 1999 and headquartered in Elk River, Minnesota, serves as a cooperative electric utility providing power to its member cooperatives in the region. The company focuses on generating and delivering reliable, affordable electricity while investing in renewable energy sources and sustainable practices.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GRRIVE 4.48% 2030-07-01 USDGreat River Energy | United States | 2030-07-01 | 4.478 | 5.42 |
| GRRIVE 4.48% 2030-07-01 USDGreat River Energy | United States | 2030-07-01 | 4.478 | 5.42 |
| GRRIVE 6.25% 2038-07-01 USDGreat River Energy | United States | 2038-07-01 | 6.254 | 5.29 |
| GRRIVE 6.25% 2038-07-01 USDGreat River Energy | United States | 2038-07-01 | 6.254 | 5.29 |
| GRRIVE 7.23% 2038-07-01 USDGreat River Energy | United States | 2038-07-01 | 7.233 | 5.55 |
| GRRIVE 7.23% 2038-07-01 USDGreat River Energy | United States | 2038-07-01 | 7.233 | 5.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Great River Energy has actively engaged in bond issuances to support its financing needs, including the establishment of its first bond series in 2003. A significant event occurred in 2020 when Great River Energy issued $180 million in bonds to refinance existing debt and support capital projects, reflecting their commitment to financial stability and growth. Currently, their bonds yield competitively within the utility sector, offering an attractive investment opportunity, bolstered by features such as tax-exempt status and a strong rating from credit agencies.