Statement from Tri-State CEO Duane Highley on USDA's releasing of New ERA Funding

(March 26, 2025 — Westminster, Colo.) Tri-State Generation and Transmission Association CEO Duane Highley offered the following comments following U.S. Secretary of Agriculture Brooke Rollins’ March 25, 2025, announcement on the releasing of previously obligated funding under the Rural Energy For America Program (REAP), Empowering Rural America (New ERA) and Powering Affordable Clean Energy (PACE) programs. 

“Tri-State is glad to see that the U.S. Department of Agriculture has completed its review and is releasing funding for the New ERA Program. We appreciate the work of Secretary Rollins and her team to advance the program, and we will be reviewing the USDA’s guidance and look forward to continuing our work through their process. This program helps support Tri-State and our members’ investments in an energy infrastructure portfolio that brings affordable and reliable power to the families, farmers, ranchers and industries we together serve across the rural West.

"We appreciate members of Congress, especially U.S. Representatives Hurd, Evans, Boebert and Vasquez, and U.S. Senators Hickenlooper and Bennet, for weighing in with USDA and the Administration, and for showing their support for our application, our member systems and our rural communities.”

Contact

Lee Boughey, VP Strategic Communications, 720-670-6696, lee.boughey@tristategt.org     

Certain information contained in this press statement are forward-looking statements including statements concerning Tri-State’s plans, future events, and other information that is not historical information. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described from time to time in Tri-State’s filings with the Securities and Exchange Commission. Tri-State’s expectations and beliefs are expressed in good faith, and Tri-State believes there is a reasonable basis for them. However, Tri-State cannot assure you that management’s expectations and beliefs will be achieved. There are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from the forward-looking statements contained herein.