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Basin Electric Power Coop

Company Summary

Description

A not-for-profit generation and transmission cooperative incorporated in 1961 to provide supplemental power to a consortium of rural electric cooperatives Diverse energy portfolio: coal, gas, oil, nuclear, distributed, and renewable energy, including wind power Consumer owned by 138 member cooperative systems Members' service territories comprise 540,000 square miles in nine states By end of year 2015 Basin Electric will operate 5,003 megawatts (MW) of wholesale electric generating capacity and have 5,594 MW of capacity within its generation portfolio Owns 2,184 miles and maintains 2,334 miles of high-voltage transmission, and owns and maintains equipment in 79 switchyards and 195 telecommunication sites Serves 2.9 million electric consumers

Website

https://www.basinelectric.com/About-Us/

Related Entities

Recent news

  • 12/16/2022 - Basin Electric Power... (subscriber access)
  • 8/17/2021 - Bakken Energy Acquires... (subscriber access)

Company Transactions

Date: 4/1/2023
Type: Acquisition

BUYERS:
  • Bakken Energy, LLC
    • SELLERS:
  • Basin Electric Power Coop
  • Dakota Gasification Company
    • ASSETS:
  • Great Plains Synfuels Plant
    • DETAILS:
    NOTES:
    Bakken Energy has reached a deal with Basin Electric Power Cooperative to acquire the assets of Dakota Gasification Company, which include the Great Plains Synfuels Plant. Closing of the deal is planned for April 1, 2023.
    REGIONS:
  • Bakken