Central Iowa Power Cooperative

Central Iowa Power Cooperative

Central Iowa Power Cooperative was established in 1946 as a member-owned not-for-profit electric cooperative. It provides power to rural associations throughout Iowa and maintains a nuclear decommissioning trust that holds public and private assets. The cooperative owns interests in natural gas, oil, and solar facilities including Summit Lake Generating Station and the Wapello Solar Project. It holds minority stakes in Duane Arnold Energy Center, Louisa Generating Station, Ottumwa Generating Station, and Council Bluffs Energy Center Unit 4. Geographic coverage centers on Iowa with transmission lines spanning 58 counties. The firm also commits capital as a limited partner to Midwest Growth Partners Fund and Midwest Growth Partners II Fund. CIPCO employs 87 professionals and maintains a secondary office in Des Moines. It participates in industry associations including the National Rural Electric Cooperative Association and the Iowa Association of Electric Cooperatives. No operational events from the last 24 months appear in available records. The cooperative structure ties investment decisions to member-owner governance rather than external limited partners or a single family mandate.