Across rural America, lights turn on early as our farmers, ranchers, families and businesses start their day. For more than 50 years, CoBank has been delivering critical financing to enable rural electric distribution cooperatives to fulfill their mission of providing reliable power to these rural communities.
Today, over 75% of electric distribution, transmission and generation cooperatives work with CoBank for their banking and financial needs. We finance electric cooperative projects of all kinds, including smart grid technology, retail broadband, DER investment, renewables, electric vehicles and more. We also have extensive experience working in coordination with government loan programs and facilitating the process on behalf of our customers.
We could not do these types of capital-intensive investments without a strong partner like CoBank. They’ve been with us from day one and it’s enabled us to make critical improvements to the co-op and for the communities and members we serve.
– Todd Townsend, CFO, Ozarks Electric Cooperative