The Internal Revenue Service Wednesday announced it is accepting applications from nonprofit electric cooperatives for $190.8 million of new clean renewable energy bonds that have not yet been allocated.

Electric coops generally were allocated $800 million of the $2.4 billion in new CREB authority under the American Recovery and Reinvestment Act, with the remaining $1.6 billion being split between governments and public power providers.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.