August 30, 2016 4:30 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Tri-State Generation & Transmission Association, Inc.

Company Overview

Tri-State Generation and Transmission Association, Inc. operates as a wholesale electric power generation and transmission cooperative. It has a generation capacity of 2,841 megawatts (MWs), including 1,874 MWs from coal-fired base load facilities; and 967 MWs from gas/oil-fired facilities. The company also holds ownership or capacity interests in approximately 5,560 miles of high-voltage transmission lines; and owns equipment ownership in approximately 357 substations and switchyards. It provides electricity to 44 member distribution systems that serve approximately 1.5 million consumers in a 200,000 square-mile service territory across Colorado, Nebraska, New Mexico, and Wyoming. The compa...

1100 West 116th Avenue

Westminster, CO 80234

United States

Founded in 1952

1,561 Employees

Phone:

303-452-6111

Key Executives for Tri-State Generation & Transmission Association, Inc.

Chief Executive Officer
Age: 63
Chairman, President, Member of Executive Committee, Ex-Officio Member of Engineering & Operations Committee, Member of External Affairs Member Relations Committee and Member of Finance & Audit Committee
Age: 62
Chief Financial Officer and Senior Vice President
Age: 57
Chief Technology Officer and Senior Vice President of Organizational Services
Age: 58
Chief Compliance Officer and Senior Vice President of Policy & Compliance
Age: 53
Compensation as of Fiscal Year 2016.

Tri-State Generation & Transmission Association, Inc. Key Developments

Torino Power Solutions Inc. Enters into an Agreement with Tri-State Generation and Transmission Association Inc

Torino Power Solutions Inc. has entered into an agreement with Tri-State Generation and Transmission Association Inc. for testing its Dynamic Thermal Circuit Rating (DTCR) technology. Tri-State will install Torino's patented temperature monitoring sensor on a Tri-State-owned energized line in Colorado for one year. Torino's wireless monitoring system supports the use of DTCR technology on congested and remotely located high-voltage power lines operated by electric utilities. The Torino system provides real-time temperature data and other vital information to utilities that helps them reduce maintenance costs and maximize the capacity of their transmission systems. Through the use of DTCR technology, transmission capacity can be increased by up to 30% with corresponding increases in revenue to the utility. Torino sensors do not require a power source and are easy to install on energized power lines.

Tri-State Generation & Transmission Association, Inc. Announces Executive Changes

Tri-State Generation & Transmission Association, Inc. announced that Arthur Rodarte ceased to be a member of the Board of Directors and the company has elected Robert Baca to replace Virginia Mondragon as the director representing such member on the Board of Directors. Mr. Baca will serve on the External Affairs-Member Relations Committee.

Tri-State Generation and Transmission Association, Inc. and Kit Carson Electric Cooperative, Inc. Enter into Membership Withdrawal Agreement

On June 21, 2016, Tri-State Generation and Transmission Association, Inc. and Kit Carson Electric Cooperative, Inc. (KCEC) have entered into a Membership Withdrawal Agreement (Withdrawal Agreement). The Withdrawal Agreement, which is subject to KCECs receipt of certain approvals, provides for the termination of the Wholesale Electric Service Contract, dated November 1, 2001, between Tri-State and KCEC and the withdrawal of KCEC from membership in Tri-State effective as of the closing date. Under the Withdrawal Agreement, KCEC agreed to make a net cash payment of $37.0 million to Tri-State prior to the closing date. It is anticipated that the closing date will be on or about June 30, 2016.

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Recent Private Companies Transactions

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