Seven States Awarded $439M Investment for Energy to Support the Growing Valley
February 10, 2025

CHATTANOOGA, TN – January 10, 2025 – Seven States Power Corporation (Seven States) is proud to announce that it will receive $439,000,000 in federal funding through the U.S. Department of Agriculture’s New ERA (Empowering Rural America) program. The funding is earmarked for new energy initiatives, and this award will provide low-cost affordable power to nearly 10 million people. Seven States is an energy solutions cooperative that is owned and operated by the 153 local power companies across the seven state region of the Tennessee Valley (TN, KY, MS, AL, VA, NC, GA). Their member-owners distribute TVA-generated electricity and provide a variety of essential services that build the economy and enhance life in their communities. Seven States is one of three organizations spotlighted by the USDA for their proposed project. The full announcement can be found here. 


Funding for projects through this initiative will focus on utility-scale new energy resources such as solar generation and energy storage technologies. These investments are part of an ongoing industry-wide effort to enhance the grid with energy technologies to meet increasing demand for power. A primary advantage to our region is the public power model and the partnership between the power distributors and their power provider, the Tennessee Valley Authority (TVA). One such project would add more than 250MWs of energy through the construction of a utility-scale solar plant in the Tennessee Valley. The plant will be owned and operated by Seven States.


Jeff Dykes, Chairman of the Board of Seven States and President & CEO of BrightRidge, said, “Procuring these resources is a big step in the right direction for advancing Seven States’ mission to leverage innovative technology to design, develop & deploy energy solutions for the Tennessee Valley. An award of this size and magnitude is significant for our region and we are thankful for the opportunity it presents.”


Betsey Kirk McCall, President & CEO of Seven States, expressed excitement about the grant’s impact, stating, “The New ERA program is an incredible opportunity for Seven States, our power distributor members, and TVA to work together in bringing low-cost power to the Tennessee Valley. The 250MWs of additional power will support the growing needs of the region to meet consumer demand for technology and energy.”


Seven States is committed to working closely with local communities, energy providers, and policymakers to ensure a reliable energy future. The projects supported by the New ERA grant are expected to create new jobs, stimulate economic growth, and generate energy.


The new solar generation is expected to take up to three to five years to finalize the design, develop and deploy all aspects of the projects. Once active, it is anticipated that this project will facilitate a higher degree of reliability and resiliency to the existing energy grid and assist in meeting increased demand as the Tennessee Valley region continues to experience growth in population and economic development. 

By Jessica Bradshaw April 7, 2026
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 upcoming National Summit. 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 U.S. Department of Agriculture's Rural Utilities Service 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 TVC's National Summit on May 28-29, 2026 in Chattanooga, TN to highlight the region's growth for economic prosperity.
By Jessica Bradshaw April 7, 2026
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. A central focus of the meetings was providing an update on Seven States’ Energy Express project, an initiative designed to support growth in the Tennessee Valley with 220MW of battery storage. This project will be funded with a $439 million award by the U.S. Department of Agriculture’s Rural Utilities Service (USDA RUS) New ERA program. McCall shared how Seven States will leverage federal financing opportunities, such as their USDA award of $439 million along with 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 to help stop 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.
By Jessica Bradshaw April 7, 2026
Seven States Power Leadership traveled to Washington, D.C., February 23–25 to meet with members of the Tennessee Valley congressional delegation while attending the American Public Power Association (APPA) Legislative Rally with the nation’s public power electric utilities. Seven States Board Chair, Jeff Dykes, (CEO, BrightRidge) and President & CEO, Betsey Kirk McCall engaged with federal 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 federal representatives on key energy issues. A central focus of the meetings was providing an update on Seven States’ Energy Express project, an initiative designed to support growth in the Tennessee Valley with 220MW of additional capacity. This project will be funded with a $439 million award by the U.S. Department of Agriculture's Rural Utilities Service. McCall and Dykes also led discussions highlighting how Seven States serves as an in-Valley solution to the Tennessee Valley Authority’s current debt constraint challenges. Through its financing capabilities, Seven States can own utility-scale power plants and double the impact of TVA’s capital investments, thereby expanding production and modernizing grid infrastructure. McCall and Dykes worked to educate policymakers about how aligning objectives and encouraging the use of Seven States as a mechanism for short- and mid-term financing solutions can unleash American energy faster. 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.
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