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TopicGrand Lake (GRDA)
ContentThe State of Oklahoma should consider monetizing its existing investment in electric generation capacity at the Grand River Dam Authority and redeploying the proceeds gained from the sale of those assets to add to the EDGE endowment. This would be a complex transaction because the State of Oklahoma should retain control (subject to appropriate coordination with FERC and the Army Corps of Engineers) of Grand Lake of the Cherokees itself. In my view, it is not the business of the State to engage in activities that can best be performed by the private sector as in the case of electricity generation.Best regards,Rudy Herrmann
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