Basin Electric

United States
Pagosa Springs, Colorado, United States, 58503

Company profile

Basin Electric company profile

Basin Electric’s core business is generating and transmitting wholesale bulk electric power to customers, primarily to Their member rural electric systems, which are located in nine states: Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota, and Wyoming. Their largest subsidiary, the for-profit Dakota Gasification Company, owns and operates the Great Plains Synfuels Plant near Beulah, ND, which gasifies lignite coal and captures some of the carbon dioxide emissions (CO2) and sends them to depleted Canadian oil fields for geologic sequestration.

Business identity

Contact email
[email protected]
Phone number
(701)223-0441
Operating status
Active
Company type
For Profit
Revenue range
$100M-$1B
Founded
1961-05-05

Headquarters

Postal code
58503
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding rounds
1
Last funding
Grant / 2024-09-05
Investors
1
Lead investors
1
Articles
14

Founders and investors

Lead investors

U.S. Department of Agriculture

Investors

U.S. Department of Agriculture