Welcome to our dedicated page for Tennessee Valley Authority SEC filings (Ticker: TVE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Tennessee Valley Authority Power Bonds 1999 Series A due May 1, 2029 (TVE) focuses on regulatory documents filed by the Tennessee Valley Authority (TVA), the issuer of this bond series. TVA files reports under the Securities Exchange Act of 1934 as a corporate agency of the United States, and these filings provide detailed information about its financial condition, capital structure, and financing activities, including power bonds.
Key filings include annual reports on Form 10-K and quarterly reports on Form 10-Q, which contain audited or unaudited financial statements, discussions of operating revenues and expenses, and descriptions of TVA’s power system and mission. TVA also submits current reports on Form 8-K to disclose material events, such as new credit agreements, board appointments, or the release of offering circulars for bond programs and power bond issuances.
For bond investors, these filings help clarify how TVA uses power bonds within its self-financing model, in which it receives no taxpayer funding and derives virtually all revenues from sales of electricity. Documents related to power bond offerings, including preliminary and final offering circulars referenced in 8-K filings, provide terms and conditions for specific bond series and describe TVA’s obligations.
On Stock Titan, AI-powered tools summarize lengthy TVA filings, highlight key points from 10-K and 10-Q reports, and explain the significance of 8-K disclosures connected to TVA’s financing and governance. This makes it easier to review TVA’s regulatory history, understand developments affecting its bond programs, and place the TVE bond series in the broader context of TVA’s capital and operating strategy.
The Tennessee Valley Authority reported leadership changes affecting its board and senior management. On February 24, 2026, William J. Renick resigned from the TVA Board of Directors. The notice states his departure as a director without providing further detail on the circumstances.
The filing also states that, effective March 2, 2026, Jeremy P. Fisher will no longer be performing the duties of Executive Vice President and Chief Business Officer and will be departing TVA. This represents a change in a key executive role responsible for business operations.
Tennessee Valley Authority is changing how it evaluates long-term executive incentives. The Board approved replacing the Carbon-Free Performance Indicator in its Long-Term Incentive Plan with a new Project Milestones measure for the FY 2024–2026, FY 2025–2027, and FY 2026–2028 performance cycles.
The Project Milestones measure carries a 20% weight in the LTIP, with payouts tied to milestone completion at threshold, target, and stretch levels of 80%, 90%, and 100%. It focuses on large, Board-approved projects over $200 million or those critical to TVA’s mission, tracking the share of project milestones completed on or ahead of schedule. Milestone lists can be adjusted with oversight by the Chair of the People and Governance Committee, and all other LTIP measures and goals remain unchanged.
Tennessee Valley Authority filed an amended report to update board governance details. The filing explains that after the United States Senate confirmed four new members to the TVA Board of Directors on December 18, 2025, the Board met on January 16, 2026 and approved new committee assignments. Mitch Graves was named chair of the Audit, Risk, and Cybersecurity Committee, while A. Wade White chairs the Finance, Rates, and Portfolio Committee. Other committees include External Stakeholders and Regulation, Operations and Nuclear Oversight, and People and Governance, each listing specific directors as members and chairs. This amendment focuses solely on how TVA’s directors are organized across these oversight committees.
Tennessee Valley Authority reported a senior leadership change. Effective January 15, 2026, Rebecca C. Tolene is no longer performing the duties of Executive Vice President and General Counsel and will be departing TVA. The notice focuses solely on this transition in the executive leadership team and does not provide additional context on succession plans or other operational changes.
Tennessee Valley Authority reported that the United States Senate has confirmed four nominees — Mitch Graves, Jeff Hagood, Randall Jones, and Arthur Graham — to serve on its Board of Directors. They will join the Board after Presidential commissioning, completion of administrative steps, and being sworn in. The new directors have not yet been assigned to any Board committees and, based on this report, are not involved in any material transactions or arrangements with TVA other than their Board service. As directors, they will receive the standard benefits and arrangements for Board members, as previously described in TVA’s annual report for the year ended September 30, 2025.
Tennessee Valley Authority filed a current report to announce that it has released an updated offering circular for its electronotes® program. The offering circular, dated December 9, 2025, is provided as Exhibit 99.1 to the report. This type of document typically describes the terms and structure of TVA’s electronotes® debt offerings to investors, and the filing formally makes that circular publicly available.
Tennessee Valley Authority entered into a Third Amended and Restated September Maturity Credit Agreement providing access to up to $1,000,000,000 in loans or letters of credit. The facility, arranged with Royal Bank of Canada as administrative agent and several other major banks as lenders, runs until September 10, 2030, unless extended under the agreement’s terms. Borrowings carry a variable interest rate that depends on market conditions and the rating of TVA’s senior unsecured long-term non-credit enhanced debt. TVA will also pay an unused facility fee on any undrawn portion of the $1,000,000,000 and fees on any letters of credit, with both fee levels tied to TVA’s debt rating.
Transaction summary: The Tennessee Valley Authority (TVA) entered an agreement on August 5, 2025, to issue $1,250,000,000 of 3.875% Global Power Bonds 2025 Series C due August 1, 2030. The bonds pay interest semi-annually on August 1 and February 1 beginning February 1, 2026, are not subject to redemption prior to maturity, and settle on August 8, 2025.
Proceeds and disclosure: After reflecting the transaction's discount and deducting managers' fees, net proceeds to TVA are $1,240,850,000, exclusive of out-of-pocket offering expenses. TVA released a final offering circular on August 6, 2025, filed as Exhibit 99.1.
On August 5, 2025 Tennessee Valley Authority (TVA) filed a Form 8-K under Item 7.01 (Regulation FD) to furnish investors with a Preliminary Offering Circular for a planned issuance of TVA power bonds. The circular is provided as Exhibit 99.1.
Scope of disclosure: the filing contains no financial statements, deal size, maturity schedule, pricing, or use-of-proceeds details. TVA also states it has no obligation to update the circular after release. No other material events, earnings information, or transactions are reported in this 8-K.
- Filing is informational; shareholder action is not required.
- No securities are registered on an exchange (trading symbol: N/A).
- The document confirms signature by CFO Thomas C. Rice.
Overall, the 8-K simply alerts the market that TVA intends to access the debt market via power bonds and directs interested parties to the furnished circular for further details.