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Montana landowners, MATL reach compromise PDF Print E-mail

By KARL PUCKETT • Tribune Staff Writer • March 4, 2009

Developer Tonbridge Power Inc. announced Tuesday that it has successfully negotiated settlements with four Montana landowners who had objected to its Montana Alberta Tie Line transmission project. 

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Glacier Wind Farm gets $156 million PDF Print E-mail

By KARL PUCKETT • Tribune Staff Writer • January 27, 2009

San Francisco-based NaturEner USA announced Monday it has closed on a $156 million financing deal that will help pay for its $500 million Glacier Wind Farm in Toole and Glacier counties near Ethridge.

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NaturEner Announces $156 Million Preferred Equity Financing for Glacier 1 Wind Farm in Montana PDF Print E-mail

January 26, 2009

San Francisco, California-based NaturEner USA, LLC, a renewable energy company, announced today that the company closed a $156 million preferred equity investment by Morgan Stanley for NaturEner’s Glacier 1 wind farm outside Ethridge, Montana.  The wind farm was placed into service in December 2008 and supplies 106.5 MW of wind energy at full production, employing a total of seventy-one 1.5 MW Acciona wind turbines.

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2009 may be good for wind power PDF Print E-mail

By The Associated Press

GREAT FALLS - The nation's credit crunch could slow the planning of brand new wind farms in Montana this year but shouldn't stop facilities that are further along in the planning process, developers and state regulators said.

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2009 may be good year for wind power PDF Print E-mail

By KARL PUCKETT • Tribune Staff Writer • January 4, 2009

Enough wind energy to power up to 37,800 homes hit the electrical grid in Montana this year, and production could be double that over the next year if planned expansions and new projects in the pipeline come to fruition in 2009.

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Glacier Wind Farm goes live PDF Print E-mail
BY KARL PUCKETT • TRIBUNE STAFF WRITER • OCTOBER 15, 2008

The first phase of a $500 million wind farm south of Ethridge and 85 miles north of Great Falls is finished and on the electrical grid, with the power bound for California.

"It's probably the most important thing that's happened in northcentral Montana in quite a while," Toole County Commissioner Allan Underdal said. "It means a lot of tax base for our county."

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North American Wind Power PDF Print E-mail
Tonbridge To Receive Transmission Payment

in News Departments ; FYI
by NAW staff on Friday 12 September 2008

Tonbridge Power Inc., through its wholly owned subsidiary as borrower, Montana Alberta Tie Ltd. (MATL), has entered into a letter of intent with its customer, NaturEner USA LLC, whereby NaturEner will prepay approximately $35 million of revenues from years 11 to 25 of its transmission rights agreement.

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NaturEner Announces $132 mm Construction Financing for Glacier 1 Wind Farm in Montana PDF Print E-mail
August 28, 2008

San Francisco, California-based NaturEner USA, LLC, a renewable energy company, announced today that the company closed a $132 million construction facility arranged by Morgan Stanley and Lisbon-based Banco Espírito Santo for NaturEner’s Glacier 1 wind farm outside Ethridge, Montana.  The wind farm will be put into service in November 2008 and supply 106.5 MW of wind energy at full production, employing a total of seventy-one 1.5 MW wind turbines.

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