Economic Dev

Cooperative Energy Announces First Round of Finalist SiteInvest Properties

Cooperative Energy announced the industrial properties selected as finalists in the first round of the SiteInvest program. The property investment program was announced in September 2023 at the inaugural Economic Development Summit. SiteInvest is designed to help improve readiness and enhance the development of industrial properties in Cooperative Energy’s Members’ territories. The program is a …

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Cooperative Energy Awards Nearly $400,000 in Grants to Support Economic Development in Mississippi

  Cooperative Energy, together with the 11 Member electric distribution cooperatives it serves, invested $397,275 in strategic economic development efforts across the state in 2023. The grant funds were awarded as part of the Cooperative Competes program which provides funding for proactive site and community development, with the goal of attracting new capital investment and …

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Five “Select Sites” in Cooperative Energy’s Service Territory Receive Nearly $4.5 Million in State Funding

Hattiesburg, Miss. (January 04, 2024) – Governor Tate Reeves and the Mississippi Development Authority (MDA) recently awarded nearly $17 million in site development grants to further develop “Select” industrial sites throughout the state. “Select Sites” are nominated by Cooperative Energy and evaluated by a third-party site selection consultant with coordination by MDA. The “Select Site” …

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Cooperative Energy Celebrates Expanding Solar Portfolio at Delta’s Edge

Greenwood, Miss. – Cooperative Energy celebrated the continued growth of its solar portfolio at Delta’s Edge—the Cooperative’s newest utility-scale solar site. The 637-acre site, located in Carroll County six miles east of Greenwood, uses 250,152 panels to produce 100MW of electricity. The electricity is then delivered across the state, powering homes and businesses with environmentally …

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Skydweller Aero bringing operations to Hancock County

  Source: Mississippi Development Authority Jackson, Miss. (October 18, 2023) – Skydweller Aero Inc. is bringing its flight test and aircraft modification operations to Hancock County. The project represents a corporate investment of $15 million, as well as $40 million in advanced solar powered aircraft inventory. The project will create at least 36 new jobs. …

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SiteInvest by Cooperative Energy Unveiled at Economic Development Summit

Contact: Sara Peterson, Director Corporate Communications 601-705-6614 speterson@cooperativeenergy.com Hattiesburg, Miss. (September 21, 2023) – Cooperative Energy, together with the 11 Member electric distribution cooperatives it serves, unveiled the SiteInvest by Cooperative Energy program at the inaugural Cooperative Energy Economic Development Summit hosted in Jackson. Surrounded by economic development professionals from across the state, Cooperative Energy …

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Cooperative Competes Grant Awarded to Pearl River Community College to Expand Utility Lineman Technology Program

Hattiesburg, Miss. (July 28, 2023) — Cooperative Energy, together with the 11 Member distribution cooperatives it serves, including Coast Electric and Pearl River Valley Electric, awarded a Cooperative Competes grant to Pearl River Community College (PRCC) to expand its Utility Lineman Technology program. The program is offered at the college’s main campus in Poplarville and …

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Point Eight Power, Inc. Opening Operations in Hancock County

Point Eight Power, Inc. will create at least 78 direct jobs Company investing nearly $7.75 million  Jackson, Miss. (July 20, 2023) – Point Eight Power, Inc., manufacturer of power distribution systems, is set to open a new manufacturing plant in Hancock County. With a corporate investment of almost $7.75 million, this project is expected to generate …

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Cooperative Competes Grant Awarded for Site Development at Pearl River County Technology Park

Hattiesburg, Miss. (July 18, 2023) — Cooperative Energy, together with the 11 Member distribution cooperatives it serves, announced the award of a Cooperative Competes grant to the Pearl River County Economic Development District (PRCEDD). The $25,000 Cooperative Competes grant will be used for environmental due diligence of the 30-acre Pearl River County Technology Park. “The …

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Gloster Forest Products Receives Award at The Mississippi Economic Development Council’s 2023 Legislative Conference

Jackson, Mississippi – The Mississippi Economic Development Council (MEDC) announced that Project Valley Creek won the Category I, Business Attraction, 2022 Community Economic Development Award (CEDA) on February 9th, 2023. The CEDA program is a “Best Practices” program intended to recognize exceptional contributions of communities in the State of Mississippi for the following efforts: business …

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