Eversheds Sutherland Coop Law Blog
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Middle Tennessee Electric invests $85 million in fiber-optic for its members

Middle Tennessee Electric’s United Communications service will invest to expand fiber internet service to 77,000 members in Murfreesboro. The $85 million will go towards 1,400 route miles of new fiber-optic cables.

Electric Coop to Purchase Municipal Utility

The Tennessee Valley Authority recently approved Middle Tennessee Electric Membership Cooperative’s takeover of Murfreesboro’s Electric Department (MED). The merger, which is expected to become effective in July 2020, is one of the largest acquisitions ever by a power cooperative of a municipally-owned utility – $302 million over the next 15 years to acquire MED and its 67,000...