NATIONAL RENEWABLE COOPERATIVE ORGANIZATION WELCOMES NEW CLASS A MEMBER
Golden Spread Electric becomes 22nd Cooperative Member of NRCO
Carmel, IN — The National Renewable Cooperative Organization (NRCO) is pleased to announce the addition of Golden Spread Electric Cooperative (GSEC) to its membership. Golden Spread Electric Cooperative is the 22nd member of NRCO as of March 1, 2019.
NRCO was formed in 2008 in the spirit of cooperatives partnering to facilitate cost-effective, joint contracting and development of renewable resources for their member-consumers. NRCO functions as a clearinghouse for renewable development opportunities while aggregating its member’s renewable energy needs in addition to providing its members strategic advisory and market intelligence services on evolving renewable and related technologies. NRCO has helped its member owners develop and contract for over 1,600MWs of renewable energy, which serve over 7.8 million homes and 40GW of load from east of the Rocky Mountains to the East Coast and from the Upper MidWest to the SouthEast United States.
Headquartered in Amarillo, Texas, Golden Spread Electric Cooperative is already active in the renewable energy space. The generation and transmission cooperative’s portfolio includes the 78.2MW Panhandle Wind Ranch and has been commercially available since September 7th 2011. Golden Spread also has roughly 200 MW of renewable energy from Power Purchase Agreements (PPA). Joining NRCO will facilitate Golden Spread’s continued effort in understanding renewable energy and the technology advancements associated with it.
Mark Schwirtz, Golden Spread Electric Cooperative’s President & Chief Executive Officer, said “We are pleased to join NRCO. Golden Spread Electric looks forward to vast experience NRCO has in participating in renewable projects across the nation. We know that our membership in NRCO will enhance our ability to meet our long-term objectives.”
“We are pleased that Golden Spread Electric has joined NRCO as its 22nd Class A member. GSEC brings their renewable experience to bear for all our members, which is in keeping with our cooperative mission. We are also looking forward to working with Golden Spread to assist them in meeting their strategic objectives in shaping their portfolio of resources” said Amadou L. Fall, CEO of NRCO.
Cooperatives across the country formed the National Renewables Cooperative Organization (NRCO) to promote and facilitate the development of renewable energy resources for its members. NRCO’s main purposes are to provide ongoing opportunities for its members to contract and develop cost-effective renewable energy resources, helping its owners meet the requirements of voluntary and mandatory Renewable Energy Standards (RES). http://www.nrco.coop
Golden Spread Electric Cooperative, Inc. is a tax-exempt, consumer-owned public utility, organized in 1984 to provide low cost reliable electric service for its 16 member rural distribution cooperative members. GSEC generates and transmits electricity to approximately 237,000 member-consumers located in the Oklahoma Panhandle and an area covering 24 percent of Texas land area including the Panhandle, South Plains, and Edwards Plateau Regions.
MEDIA CONTACTS: Scott Bradtmiller, Renewable Energy Analyst, NRCO
(317) 344 – 7908, Scott Bradtmiller
(806) 349-5220, John Eichelmann, Vice President, Member Services, GSEC