Economic Development

Great River Energy and our member cooperatives take pride in serving the region with competitively priced, reliable energy. We also are committed to helping customers start and grow their businesses by helping them plan and manage their energy needs.

Great River Energy works closely with local and state organizations to assist businesses planning to locate or expand in our service area. For more information about Great River Energy's economic development programs, contact Tom Lambrecht at 763.445.6105.

 

Financial programs

E3 loan program
Great River Energy offers an Energy Efficient Equipment Fund (E3 Fund) which provides a low-interest loan to cover the costs of acquisition and installation of energy efficient equipment. Loans from $100,000 up to $350,000 will be considered with an interest rate determined by energy savings achieved. A minimum of 10 percent owner-equity is required.

Click here to apply online »
You will need to sign in with a member user account in order to apply. To request a member user account please contact the site administrator.

Additional financing programs
USDA REDLG program »
 

 

Finding the right site

Great River Energy will help you find a site or facility in our service area that meets your needs. Because we work directly with communities within our service area in their economic development efforts, we can provide you with current information concerning the local and state business climate, labor availability, transportation networks, utilities, quality-of-life issues, key contacts and more.

The Minnesota Department of Employment and Economic Development has a database of commercial, industrial, office and retail space available for sale or lease in Minnesota for site selection specialists and business prospects.

Within Northeastern Minnesota please check out www.northlandconnection.com for relevant news site selection assistance and local demographic information. In the Minneapolis/St. Paul Metropolitan Statistical Area, please check out www.greatermsp.org for community site selection and demographic information.

Fast Fact Image

Elk River Energy Recovery Station converts refuse-derived fuel to electricity, helping to meet Minnesota’s Renewable Energy Standard.