How Much Did Big Sandy RECC Raise?
Funding & Key Investors

Big Sandy RECC has secured $350K in total capital, with its most recent funding round bringing in $350K through a major strategic investment. This significant financial backing positions the cooperative for continued growth and operational enhancement in the competitive energy sector.

What is Big Sandy RECC?

Big Sandy RECC
Energy, Utilities & WasteElectricity, Oil & Gas

Big Sandy Rural Electric Cooperative, established in 1940, is a cornerstone of rural electrification, providing reliable and affordable electricity to approximately 13,000 members across eight counties in Kentucky. Serving areas including Breathitt, Floyd, Johnson, Knott, Lawrence, Magoffin, Martin, and Morgan, the cooperative manages a distribution network spanning 1,100 miles. Its commitment extends beyond service delivery to include member satisfaction, competitive electric rates, and active participation in local economic development initiatives. Big Sandy RECC also demonstrates a strong community focus through support for programs like the Honor Flight and Ronald McDonald House.

How much funding has Big Sandy RECC raised?

Big Sandy RECC has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Big Sandy RECC?

The recent strategic investment, part of Big Sandy RECC's large-scale late-stage funding, signals a robust outlook for the cooperative. This capital infusion is expected to fuel further infrastructure development, enhance service capabilities, and potentially expand its reach or service offerings. The cooperative's focus on member value and community engagement, coupled with this financial strengthening, suggests a trajectory aimed at sustained operational excellence and continued support for the rural communities it serves.

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Frequently Asked Questions Regarding Big Sandy RECC Financial Insights

What are the most recent funding rounds that Big Sandy RECC has completed, and what were the funding rounds?
Big Sandy RECC has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Big Sandy RECC has raised to date?
Big Sandy RECC has raised a total of $350K in funding to date.
How many funding rounds has Big Sandy RECC completed?
Big Sandy RECC has completed 1 funding rounds.
How much funding did Big Sandy RECC raise in its most recent funding round?
Big Sandy RECC raised $350K in its most recent funding round.
Who are the lead investors in Big Sandy RECC's latest funding round?
The lead investor in Big Sandy RECC's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Big Sandy RECC's history?
The largest funding round in Big Sandy RECC's history was $350K.
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