Kentucky Public Service Commission

Final Order Entered: 1. BREC is authorized to enter into the 2020 Secured Credit Agreement and related evidences of indebtedness as descried in its application. 2. BREC is authorized to issue notes to CFC and other lenders that are parties to the 2020 Credit Agreement in an aggregate amount not to exceed $150,000,000. 3. The proceeds from the transaction authorized herein shall be used only for the lawful purposes set out in the application. 4. BREC shall agree only to such terms and prices that are consistent with the parameters set out in its application. 5. Within 30 days of its execution of these evidences of indebtedness, as listed here in ordering paragraphs 1 and 2, BREC shall file with this Commission a statement setting forth the date or dates of implementation of the revolving loan authorized herein, the interest rate, and all fees and expenses. 6. Any documents filed pursuant to ordering paragraph 5 shall reference this case number and shall be retain in the post-case correspondence file.7. Nothing contained herein shall be deemed a warranty or finding of value of securities or financing authorized on the part of the Commonwealth of Kentucky or any agency thereof. 8. This case is closed and removed from the Commission's docket.

20200428_PSC No Deficiency Letter.pdf

Big Rivers Electric Corporations Application for Authority to Issue Evidences of Indebtedness

Tyson Kamuf Big Rivers Electric Corporation

20200417_PSC Acknowledgment Letter.pdf

Big Rivers Electric Corporation Notice of Intent to File an Application for Approval to Issue Evidences of Indebtedness Using Electronic Filing Procedures