Specialized Financing Services for Rural Utility Providers
Utility Capital Solutions is a privately funded, member-owned cooperative that began operation in 1981 as National Cooperative Services Corporation, an affiliate of the National Rural Utilities Cooperative Finance Corporation (CFC). Today, the organization provides specialized financing services to electric cooperatives and telecommunications providers under the d/b/a Utility Capital Solutions.
Governed by its own 15-member board of directors, Utility Capital Solutions’ objectives are closely aligned with those of CFC—the success of rural utilities. The organization provides financing that benefits its members, which include subsidiaries and affiliates of electric cooperatives and rural telecommunications and broadband providers. Utility Capital Solutions provides:
- Financing in support of for-profit subsidiaries of electric cooperatives and rural telecommunications and broadband providers.
- Solutions to help rural utilities run their businesses more efficiently.
- Transitional and permanent financing for acquisitions and other special projects.
Over the years, Utility Capital Solutions has helped electric cooperatives finance infrastructure in transactions ranging from original power plant leases to loans for acquisitions and renewable energy projects. It has also helped members expand their reach through loans for broadband, non-electric products and economic development.
Utility Capital Solutions operates under a management services agreement with CFC and obtains funding through loans from CFC. Together, the two organizations provide an extensive array of financial products and services that offer value to the rural utility network.