Private company

Corn Belt Power Cooperative

Generation and transmission electric cooperative in Iowa, US

Corn Belt Power Cooperative is a generation and transmission electric cooperative in northern Iowa. It currently supplies to 12 of its member cooperatives in 28 counties in northern Iowa. It owns and maintains a coal-fired plant and a gas combustion turbine generator and is one of the owners of the Duane Arnold Energy Center.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Corn Belt Power Cooperative is a generation and transmission electric cooperative in northern Iowa. It currently supplies to 12 of its member cooperatives in 28 counties in northern Iowa. It owns and maintains a coal-fired plant and a gas combustion turbine generator and is one of the owners of the Duane Arnold Energy Center. The Cooperative also has access to renewable energy sources such as wind and hydroelectric power.2

The story

Corn Belt Power Cooperative was founded in 1947 in Humboldt, Iowa. It began operating with 5 employees and 9 diesel plants which were turned over by its parent companies: Federated Cooperative Power Association and Central Electric Federated Cooperative Association.

From Wikipedia’s article on Corn Belt Power Cooperative, shared under CC BY-SA 4.0.3

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$72.8M 2008–2026
Figures by year
YearFederal grantsFederal loansTotal
2026$300.0K–$300.0K
2025–$2.0M$2.0M
2023$300.0K$5.2M$5.5M
2022$300.0K$4.5M$4.8M
2020$600.0K–$600.0K
2019$300.0K–$300.0K
2018$300.0K–$300.0K
2015$1.2M–$1.2M
2012–$55.8M$55.8M
2011$300.0K–$300.0K
2010$300.0K–$300.0K
2009$600.0K–$600.0K
2008–$740.0K$740.0K

Federal awards

Obligated amounts from USAspending.gov4, by calendar year, 2009–2026, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest grants

  1. Jul 3, 2018$300.0K from Rural Business Cooperative Service: Rural Economic Development Loans And Grants5 To CORN BELT POWER COOPERATIVE Award CLSS00000058186
  2. May 1, 2019$300.0K from Rural Business Cooperative Service: Rural Economic Development Loans And Grants6 To CORN BELT POWER COOPERATIVE Award CLSS00000060393
  3. Apr 23, 2020$300.0K from Rural Business Cooperative Service: Rural Economic Development Loans And Grants7 To CORN BELT POWER COOPERATIVE Award CLSS00000064011
  4. May 13, 2020$300.0K from Rural Business Cooperative Service: Rural Economic Development Loans And Grants8 To CORN BELT POWER COOPERATIVE Award CLSS00000064243
  5. Mar 7, 2022$300.0K from Rural Business Cooperative Service: Rural Economic Development Loans And Grants9 To CORN BELT POWER COOPERATIVE Award CLSS00000072052
  6. Jan 19, 2023$300.0K from Rural Business Cooperative Service: Rural Economic Development Loans And Grants10 To CORN BELT POWER COOPERATIVE Award CLSS00000075555
  7. Mar 30, 2015$300.0K from Rural Business Cooperative Service: Rural Economic Development Loans And Grants11 To CORN BELT POWER COOPERATIVE Award RO69723 43487
  8. Apr 1, 2015$300.0K from Rural Business Cooperative Service: Rural Economic Development Loans And Grants12 To CORN BELT POWER COOPERATIVE Award RO69723 43503

Largest federal loans

  1. Jun 25, 2012$55.8M from Rural Utilities Service: Rural Electrification Loans And Loan Guarantees13 To CORN BELT POWER COOPERATIVE Award RO2326 21875
  2. Jan 19, 2023$2.0M from Rural Business Cooperative Service: Rural Economic Development Loans And Grants14 To CORN BELT POWER COOPERATIVE Award CLSS00000075553
  3. Jul 24, 2023$2.0M from Rural Business Cooperative Service: Rural Economic Development Loans And Grants15 To CORN BELT POWER COOPERATIVE Award CLSS00000077940
  4. Mar 7, 2022$1.5M from Rural Business Cooperative Service: Rural Economic Development Loans And Grants16 To CORN BELT POWER COOPERATIVE Award CLSS00000072050
  5. Aug 12, 2022$1.5M from Rural Business Cooperative Service: Rural Economic Development Loans And Grants17 To CORN BELT POWER COOPERATIVE Award CLSS00000074388