Pedernales Electric Cooperative
Encyclopedia
Pedernales Electric Cooperative is a non-profit rural electric utility cooperative
headquartered in Johnson City, Texas
. The cooperative was organized in 1938.
The cooperative is owned by 200,000 members and serves an area of 8100 square miles (20,978.9 km²).
Quentin Capital Management made offers to buy Pedernales in 2008 and 2010. The cooperative rejected the proposition on both occasions.
Utility cooperative
A utility cooperative is a type of cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications to its members...
headquartered in Johnson City, Texas
Johnson City, Texas
Johnson City is a city in Blanco County, Texas, United States. The population was 1,191 at the 2000 census. It is the county seat of Blanco County. It was the hometown of President Lyndon Johnson and was founded by James Polk Johnson, nephew of Samuel Ealy Johnson, Sr., cousin to President Johnson....
. The cooperative was organized in 1938.
The cooperative is owned by 200,000 members and serves an area of 8100 square miles (20,978.9 km²).
Quentin Capital Management made offers to buy Pedernales in 2008 and 2010. The cooperative rejected the proposition on both occasions.