Kentucky Public Service Commission

Final Order Entered: 1. BREC is authorized to enter into the 2020 Term Loan with CFC for the purpose of refinancing the temporary bridge loan borrowed under the 2020 Revolving Credit Agreement. 2. The loan maturity dates and interest rates shall be in accordance with the financing proposal as described in BREC's application. 3. If the actual terms and conditions of the 2020 Term Loan differ from those set forth in the application, BREC shall file with the Commission, within 30 days of executing the loan documents, amortization schedules and workpapers showing the net present value savings that will result from the financing. 4. 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. 5. The proceeds from the transactions authorized herein shall be used only for the lawful purposes set out in BREC's application. 6. BREC shall file with the Commission, within 30 days of finalizing the financing transaction, 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 the Guaranty was entered into, and if it was, the economic analysis showing the benefit of the Guaranty.

Big Rivers Response to Commission Staffs Initial Request for Information dated October 7, 2020

Roger Hickman Big Rivers Electric Corporation

Data Request

20200928_PSC No Deficiency Letter.pdf

Application with Exhibits

Tyson Kamuf Big Rivers Electric Corporation

20200831_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