Tim Thompson

The Board of Directors conducted its regular monthly meeting. Key discussion points included reports from the CEO, COO, and CFO, as well as updates on meetings attended on behalf of the cooperative. Actions taken during the meeting included the approval of the December Consent Agenda, acceptance of the November Financial Report, approval of a Labor Contract, approval to move forward with a new building site location, approval of Board of Trustee Appointments for Operation Round-Up®, and approval of Director Expense Reports for November 2025. The document also details Crow Wing Power's advocacy for reconsidering the nuclear moratorium in light of Minnesota's 2040 carbon-free energy standard and reliability risks identified by NERC.

The Board of Directors meeting included the Pledge of Allegiance and several reports from executive officers (CEO, COO, CFO), as well as reports from directors regarding meetings attended on behalf of the cooperative. Key actions taken included the approval of the December Consent Agenda, acceptance of the November Financial Report, approval of a Labor Contract, approval to move forward with a new building site location, and approval of Board of Trustee Appointments for Operation Round-Up®. Director Expense Reports for November 2025 were also approved.

The Board of Directors received reports from the CEO, COO, and CFO. Key actions taken during the meeting included approving the November Consent Agenda, accepting the October Financial Report, approving the 2026 Operating Budget, and approving the PSE Class Cost of Service & Rate Study. Furthermore, the Board approved 2026 rates, excluding the Grid Access Fee, and adopted Policy No. 200, Financial Policy.

The Crow Wing Power's Board of Directors meeting included reports from the CEO, COO, and CFO. The board adopted the Minimum Billing Rate Rider, approved the 2025 Basin Load Forecast, and accepted an update to the DER. Additionally, the board reviewed and approved director expense reports.

The board meeting included reports from the CEO and Finance Committee, along with an update on the North Star Manganese Emily Project. Directors shared highlights of meetings attended on behalf of the cooperative. The board approved the September Consent Agenda, minutes from the August 18, 2022, regular board meeting, the filing of Form 990 and 990T, and director expense reports for August 2022.