Kentucky Public Service Commission

Final Order Entered: 1. BREC is authorized to enter into the 2020 Loan Agreement with Ohio County under which Ohio County will loan BREC the entire amount of the 2020 Bonds in order to pay off the 2010A Bonds. 2. BREC is authorized to issue its 2020 Note in the name of the trustee for the 2020 Bonds, U.S. Bank National Association, in an amount equal to the $83,300,000 aggregate principal amount of the 2020 Bonds. 3. BREC is authorized to enter into the Supplemental Indenture with U.S. Bank National Association, under which the 2020 Note will be issued and secured. 4. BREC is authorized to use its existing revolving credit facility as a temporary bridge loan. 5. BREC is authorized to execute, deliver, and perform its obligation under the agreements and documents as set out in its application and to perform the transactions contemplated by such agreements. 6. The proceeds from the transactions authorized herein shall be used only for the lawful purposes set out in BREC's application. 7. BREC shall, within 30 days of the date of issuance, file with the Commission a statement setting forth the date or dates of issuance of evidences of indebtedness authorized herein, the proceeds of such issuances, the interest rates, the maturity date(s), all fees and expenses involved in the issuance of these evidences of indebtedness, whether or not Guaranty was entered into, and, if it was, the economic analysis showing benefit of Guaranty.

Big Rivers Responses to Commission Staffs Initial Request for Information dated June 29, 2020

Roger Hickman Big Rivers Electric Corporation

Data Request

20200619_PSC No Deficiency Letter.pdf

Application and Exhibits

Tyson Kamuf Big Rivers Electric Corporation

20200512_PSC Acknowledgment Letter.pdf

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