DALLAS — The Tri-State Generation and Transmission Association, a Denver-based co-op serving a 250,000-square-mile region of the western United States, plans to take advantage of low interest rates with a $500 million issue of taxable debt for projects expected to begin in 2012.

Owned by the 44 electric cooperatives and public power districts, Tri-State’s service area includes Colorado, Nebraska, New Mexico, and Wyoming. The wholesaler expects to invest heavily in transmission as doubts linger over future carbon legislation.

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.