Tennessee Valley Authority (TVA) is a leading organization that has been serving the Tennessee Valley through energy, environment, and economic development since 1933. TVA is fully self-financing and operates without any tax money, offering affordable electricity and supporting economic development opportunities in the region. TVA's mission revolves around three key areas—energy, environment, and economic development. As the nation’s largest government-owned power provider, TVA delivers reliable and competitively priced electricity to local power companies and major industrial customers, while also focusing on limiting its environmental impact and protecting natural resources. The organization strives to be a catalyst for sustainable economic development by building partnerships with communities and the business sector to foster job growth and retention. In March 2019, TVA secured a $4.00M debt financing investment to further support its operations and objectives. Overall, TVA's long-standing commitment to providing affordable electricity, environmental stewardship, and economic development opportunities highlights its significant impact within the Tennessee Valley and beyond.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $4.00M | - | 29 Mar 2019 |
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