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EDF Renewable Energy and Otter Tail Power Company today announced the signing of an Asset Purchase Agreement by which EDF RE will construct the 150 megawatt (MW) Merricourt Wind Project.
Customers will receive approximately 28 percent of their energy from wind
Reaffirms 2016 Earnings Guidance Range, Board of Directors Declares Quarterly Dividend
New Environmental Technologies, Strengthened Delivery System, and Rising Costs Drive Decision
Otter Tail Corp. has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report.
In trading on Tuesday, shares of Otter Tail Corp. entered into oversold territory, changing hands as low as $25.05 per share.
The most recent short interest data has been released by the NASDAQ for the 03/31/2015 settlement date, which shows a 325,370 share decrease in total short interest for Otter Tail Corp. , to 582,460, a decrease of 35.84% since 03/13/2015.