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.

The Seven States Energy Express Project—supported through the USDA New ERA Program—represents a transformative investment in energy for the Tennessee Valley region. This initiative reflects the federal government’s commitment to accelerating energy development while strengthening grid reliability and economic development. Over the past year, Seven States Power Corporation was awarded a $415 million zero-interest loan and a $24 million grant by USDA. Demand for electricity is growing at an unprecedented pace, and this funding will add 220MW of capacity to the Valley. Fortunately, the Tennessee Valley is uniquely positioned to lead and serve as a national model for how advanced energy ecosystems are built. Seven States has been working closely with USDA and partners across federal, state, and local levels to ensure alignment, efficiency, and thoughtful deployment of this once-in-a-generation funding opportunity. All Energy Express Project assets will be owned, operated, and maintained by Seven States Power Corporation, ensuring long-term local stewardship, accountability, and operational excellence. The project will provide LPCs with a flexible energy resource to enhance grid reliability and support economic development. We recently advanced the first of three major project milestones with the successful submission of the Community Benefits Plan to USDA. In the months ahead, the project will progress through environmental review and underwriting processes, followed by procurement. As the Energy Express powers forward, it stands as more than an infrastructure project—it is a strategic investment in the future of the Tennessee Valley. By pairing federal funding with regional growth, Seven States is helping ensure that our power supply is abundant, reliable, and prepared for tomorrow’s energy demands.

Seven States Power Corporation President and CEO, Betsey Kirk McCall, attended the Tennessee Valley Corridor (TVC) Board of Directors meeting in Washington, DC on March 4, 2026, joining regional leaders to discuss economic development, infrastructure investment, and the TVC’s National Summit on May 28-29, 2029, in Chattanooga, TN. The TVC brings together stakeholders from government, industry, and academia to strengthen the region’s competitiveness and support long-term growth. McCall’s participation reinforced Seven States’ commitment to collaborating with regional partners to ensure the Valley’s energy systems continue to support economic expansion and community prosperity. During this visit, McCall also met with the USDA RUS staff to discuss additional federal financing opportunities that could support energy development across the Tennessee Valley. The conversation focused on Seven States’ request for nearly $6 billion in funding to acquire natural gas generation resources across the Valley. An additional $320 million could support distribution-scale Battery Energy Storage Systems (BESS), helping utilities strengthen grid reliability and modernization of the region’s power infrastructure. By strengthening relationships with federal leaders and advocating for policies that support growing energy demands in the Valley, McCall reinforced Seven States’ commitment to reliable, affordable and abundant power supply. McCall plans to attend the NRECA Legislative Conference April 26 – 28 in Washington D.C. to continue these efforts with the nation’s electric cooperatives.

Seven States President & CEO, Betsey Kirk McCall, spent time at the Tennessee State Capitol on February 4, 2026, meeting with legislators including members of the Senate Energy, Agriculture and Natural Resources Committee, and the House Commerce Committee. During the visit, McCall engaged with state leaders to advocate for more power supply, educate on the flexible financing available to Seven States as a generation and transmission cooperative, and build relationships with state representatives to discuss key energy priorities affecting communities across the Tennessee Valley. McCall shared how Seven States will leverage federal financing opportunities, such as their USDA award of $439 million and access to additional federal funds, to build or acquire generation and capacity to meet energy demand across the region, particularly as TVA navigates its debt constraints. She updated the legislators on how funding available to Seven States complements and amplifies TVA’s efforts to maintain a reliable energy system. By pairing federal financing with regional expertise in project deployment, Seven States can help utilities of all sizes move energy projects forward. The Seven States team also successfully engaged in state-level advocacy efforts that helped defeat proposed legislation that would have imposed an additional tax on electric vehicle (EV) charging. Working alongside partners and stakeholders, Seven States communicated to lawmakers how the proposed tax could create unnecessary barriers to EV infrastructure development and slow innovation within Tennessee’s evolving energy and transportation sectors. These advocacy efforts serve to refine and advance initiatives that impact a rapidly changing energy landscape. Together with partner LPCs, Seven States is building and energizing the grid of the future.