As a not-for-profit electric cooperative, Minnkota provides its member-owner distribution cooperatives with at-cost electric service. Therefore, Minnkota does not sell shares of stock to outside investors.


Minnkota has long-term wholesale power contracts with its 11 member cooperatives. Rates to the members are set by the Minnkota Board of Directors to recover all costs and provide margins sufficient to meet lender requirements and established financial goals.


Minnkota strives to maintain investment-grade financial ratings. The cooperative's current financial ratings are:

Moody's Investor Service:

Baa2 rating

Stable Outlook


Standard & Poor's:

A- rating

Stable Outlook

© 2018 Minnkota Power Cooperative. All rights reserved.



Contact US

5301 32nd Avenue South

Grand Forks, ND 58201

(701) 795-4000


Minnkota Power Cooperative provides wholesale electric energy to 11 member-owner distribution cooperatives in eastern North Dakota and northwestern Minnesota.