How Much Did Intercounty Electric Cooperative Association Raise?
Funding & Key Investors

Intercounty Electric Cooperative Association has secured $15M in total capital, with a recent strategic investment of $15M. This significant backing underscores the cooperative's pivotal role in providing essential utility services and fostering rural development across its service area.

What is Intercounty Electric Cooperative Association?

Intercounty Electric Cooperative Association
Energy, Utilities & WasteElectricity, Oil & Gas

Intercounty Electric Cooperative Association is a member-owned utility provider dedicated to serving over 24,000 members spread across ten counties. The cooperative's comprehensive service portfolio extends beyond traditional electric utility provision to include renewable energy options, detailed energy audits, and a variety of community programs designed to elevate the quality of life for its members. Their commitment is further demonstrated through safety presentations, utility bill assistance, and rebates for energy-efficient upgrades, all aimed at promoting community and rural development while meeting the diverse needs of their clientele.

How much funding has Intercounty Electric Cooperative Association raised?

Intercounty Electric Cooperative Association has raised a total of $15M across 1 funding round:

2021

Grant

$15M

Grant (2021): $15M with participation from USDA Rural Development

Key Investors in Intercounty Electric Cooperative Association

USDA Rural Development

USDA Rural Development is a government agency focused on improving the economy and quality of life in rural America, often providing grants and loans for infrastructure and community projects.

What's next for Intercounty Electric Cooperative Association?

The recent major strategic investment signals a period of accelerated growth and enhanced service delivery for Intercounty Electric Cooperative Association. This capital infusion is expected to bolster their renewable energy initiatives and expand community development programs, reinforcing their mission to serve and uplift their member base. The cooperative is poised to leverage this financial backing to further strengthen its infrastructure and broaden its impact within the rural communities it serves.

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Frequently Asked Questions Regarding Intercounty Electric Cooperative Association Financial Insights

What are the most recent funding rounds that Intercounty Electric Cooperative Association has completed, and what were the funding rounds?
Intercounty Electric Cooperative Association has recently completed 1 funding rounds: Grant on Mar 25, 2021.
What is the total amount of funding Intercounty Electric Cooperative Association has raised to date?
Intercounty Electric Cooperative Association has raised a total of $15M in funding to date.
How many funding rounds has Intercounty Electric Cooperative Association completed?
Intercounty Electric Cooperative Association has completed 1 funding rounds.
How much funding did Intercounty Electric Cooperative Association raise in its most recent funding round?
Intercounty Electric Cooperative Association raised $15M in its most recent funding round.
Who are the lead investors in Intercounty Electric Cooperative Association's latest funding round?
The lead investor in Intercounty Electric Cooperative Association's latest funding round was USDA Rural Development. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Intercounty Electric Cooperative Association's history?
The largest funding round in Intercounty Electric Cooperative Association's history was $15M.
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