Sutherland Coop Law Blog
content top

USDA Announces $3.6 Billion in Funding for 82 Electric Projects

U.S. Secretary of Agriculture Tom Vilsack announced Wednesday that the USDA will provide $3.6 billion in loans to electric utilities in 31 states to fund 82 projects.  The loans, which will be provided through the Electric Program and the Rural Utilities Service, include $216 million for smart grid technologies, $35 million for renewable energy, $26 million for environmental...

Electric Cooperatives among Top 100 Coops Per Report

The National Cooperative Bank has released its “2015 Co-op 100 List,” which includes 17 electric cooperatives from around the country.  Among the electric cooperatives to make the list are Basin Electric Power Cooperative, Oglethorpe Power Corporation and Seminole Electric Cooperative.  Overall the 17 electric cooperatives accounted for approximately 7 percent of the total annual...

Three U.S. Coops Listed in Top 300 Coops Globally

The International Co-operative Alliance’s Global 300, a list of the world’s largest cooperatives, included three U.S. electric cooperatives—Basin Electric Power Cooperative (Basin Electric), Oglethorpe Power Corporation (Oglethorpe) and Tri-State Generation and Transmission Association.  Basin Electric and Oglethorpe were also in the top 15 industry and utility cooperatives. ...

DOE to Approve Loan For Nuclear Reactors

In a move over 30 years in the making, the U.S. Department of Energy (DOE) plans to approve $6.5 billion in federal loan guarantees for two additional nuclear reactors located at Plant Vogtle, a nuclear plant in Georgia.  Oglethorpe Power Corporation is among the owners of the project.  The reactors would represent the first time since the 1970s that the U.S. has built reactors.  To...

Oglethorpe Announces New CEO

Oglethorpe Power Corporation has announced that Michael L. Smith has been appointed as its new President and Chief Executive Officer.  Mr. Smith previously served in the same position for Georgia Transmission Corporation.  To read more, click here.

Appeals Court Rejects Challenges to Georgia Nuclear Power Plant Expansion

On May 14, the U.S. Court of Appeals for the District of Columbia Circuit rejected the petition of several environmental groups to delay the permitting of two new units at the Alvin W. Vogtle Nuclear Power Plant in Georgia.  The petitioners sought to delay the Nuclear Regulatory Commission’s grant of combined construction and operating licenses to ensure that the units’...