Earnings
Canadian, Irish Companies Pursue MT Power Project
Tonbridge started construction this week on its other transmission project, known as the Montana Alberta Tie Line, or MATL. The line got a major boost from the Obama administration in September when the U.S. Department of Energy announced it would provide up to $161 million in loans using federal economic stimulus money.
Contracts are in place with three companies — Wind Hunter, NaturEner and Invenergy — that want to use the line's 600 megawatts of capacity for several planned wind farms. NaturEner, which owns the 210-megawatt Glacier Wind Farm in Glacier and Toole counties, announced plans in September for an $800 million, 309-megawatt wind farm north of that project.TheStreet Premium Services
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