Eversheds Sutherland Coop Law Blog
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New York Cooperative Enters into Purchase Agreement

Tri-County Rural Electric Cooperative (Tri-County) entered into an asset purchase agreement to acquire the Waverly, NY electric distribution assets of Pennsylvania Electric Co. (Penelec). Tri-County intends to add Penelec’s customers in Waverly to its cooperative membership upon completion of the acquisition.

NRECA Reacts to Biden Infrastructure Plan

In a statement released Wednesday, the National Rural Electric Cooperative Association (NRECA) announced it was encouraged to see electric coop priorities reflected in President Biden’s infrastructure proposal. Select provisions that will benefit coops and their customer-members are $100 billion to update the nation’s energy grid and expand existing transmission infrastructure, and $15...

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