Today marks a remarkable milestone as the United States Department of Agriculture (USDA) celebrated the 90th anniversary of the passage of the Rural Electrification Act and the tremendous impact USDA programs have had on rural communities across the country. For nine decades, USDA has played a vital role in strengthening infrastructure, supporting economic development, and ensuring reliable access to essential services in areas that power the Tennessee Valley and America every day. Seven States Power Corporation is proud to have been mentioned alongside this important work and be recognized in partnership as USDA continues to advance the energy industry. We also want to extend our sincere thanks to Assistant Administrator for the Rural Utilities Service (RUS), Chris McLean, for recognizing Seven States and our new borrower status with USDA. Our partnership with USDA RUS represents an exciting new chapter for Seven States and reflects the shared commitment between our organizations to invest in abundant and affordable energy. “Once infrastructure is created, it must be nurtured, maintained, and improved over time. Today, we not only celebrate our history, we also celebrate our bright and shining future,” said McLean. McLean noted that USDA has longstanding relationships with borrowers dating back to 1930 and added that the agency is now working with new borrowers like Seven States. As energy demand continues to grow across the Tennessee Valley, we are excited about the opportunities this partnership creates to finance energy assets, expand power production and modernize grid infrastructure. Please join us in congratulating USDA on this special 90th Anniversary celebration!  Click here for the USDA press release and photos from today’s celebration event.

Chattanooga Times Free Press | 15 Feb 2026 | BY SEVEN STATES POWER CORPORATION BOARD OF DIRECTORS Demand for energy is climbing while extreme weather events like Winter Storm Fern and Winter Storm Elliott continue to challenge an already constrained electric system. Fortunately, there is a ready-now solution. Seven States Power Corporation is a cooperative designed to help meet demand for affordable, abundant and reliable power. Since the 1930s, the Tennessee River Valley has thrived under a vital network of the wholesale power provider — the Tennessee Valley Authority — and the electric utility customers that together form the public power model. More than 150 electric utility customers distribute affordable energy across a seven-state region of Tennessee, Alabama, Georgia, Mississippi, Kentucky, Virginia and North Carolina. In 2007, TVA and the electric utilities joined forces to form Seven States as an in-valley solution to finance power assets, expand energy production and modernize infrastructure. THE ‘IN-VALLEY’ SOLUTION Seven States is a nonprofit generation and transmission cooperative headquartered in Chattanooga. It is member-owned by the electric utility customers of TVA across the seven-state region. The cooperative is uniquely positioned to operate outside established debt constraints and regulatory limitations that restrict other entities. This means Seven States can own large power plants and transmission towers, which frees up debt for TVA to build and operate more power supply. When the electric utility customers collectively own assets through Seven States, it also ensures that rates in the region remain affordable. This flexibility allows Seven States to move quickly to supplement the valley’s energy needs with reliable sources of power. In January 2025, Seven States was awarded $439 million by the U.S. Department of Agriculture, consisting of a zero-interest loan and grant to build new capacity. The first initiative under this award is a utility-scale power project that will enhance grid stability and reliability, benefits that can be shared across the valley. Where demand for capital and power are soaring, Seven States makes it happen. Seven States has a proven history of filling critical gaps when needed. One of its earliest projects with TVA was financing a large power asset — an 800-megawatt gas plant located in Southaven, Mississippi. By partnering with Seven States, the energy sector can nearly double its capital investment to accelerate generation projects. Where finances are constrained, Seven States makes it happen. In addition, Seven States has stepped up to deliver distribution technologies that bridge the past, present and future of a modern energy grid. With projects deployed across the valley at the U.S. Space & Rocket Center in Huntsville, Alabama, Dollywood Parks and Resorts in Pigeon Forge, Montgomery Bell State Park in Burns, Tennessee, Rock City in Lookout Mountain, Georgia, and the National Corvette Museum in Bowling Green, Kentucky, and with more than 500 electric vehicle chargers installed to date, Seven States has proactively advanced infrastructure to support economic development across the region. Where innovation and infrastructure are needed, Seven States makes it happen. In July 2025, the Seven States Board of Directors — representing 17 major electric utilities that purchase power from TVA — unanimously passed a resolution affirming Seven States as an additional supplier of abundant, reliable energy within the valley. By advancing an in-valley solution owned by the customers, the public power model can thrive and evolve from within, guided by those who know the region best. Seven States has built a foundation for the energy future through its cooperative structure and access to affordable capital. It represents a real opportunity to expand power production and light the way for prosperity across the Valley.