October 28, 2016 11:02 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Talen Montana, LLC

Company Overview

Talen Montana, LLC engages in the generation and supply electricity primarily to wholesale customers in the northwest United States, including Montana, Oregon, Washington, and Idaho. The company primarily holds interests in 13 electric generating facilities, which it owns or leases. It operates the coal-fired Colstrip and Corette power plants, and 11 hydroelectric facilities along the Missouri, Flathead, Clark Fork, and Madison rivers and Rosebud Creek. The company was founded in 1998 and is based in Billings, Montana. As of December 31, 2003, Talen Montana, LLC operates as a subsidiary of PPL Generation, LLC.

303 North Broadway

Suite 400

Billings, MT 59101-1255

United States

Founded in 1998

12,256 Employees





Key Executives for Talen Montana, LLC

Principal Executive Officer, President and Manager
Age: 67
Principal Financial Officer, Treasurer, and Manager
Age: 63
Associate General Counsel
Senior Vice President-Fossil and Hydro Generation - Ppl Generation
Age: 65
Director of External Affairs
Compensation as of Fiscal Year 2016.

Talen Montana, LLC Key Developments

Talen Montana, LLC Reaches Settlement with Puget Sound Energy, Avista Corporation, Portland General Electric Company, Northwestern Corporation and PacifiCorp

Talen Montana, LLC and the five other owners of the Colstrip Steam Electric Station (Puget Sound Energy, Avista Corporation, Portland General Electric Company, NorthWestern Corporation and PacifiCorp) have reached a proposed settlement in a lawsuit filed in 2013 by Sierra Club and the Montana Environmental Information Center under the Clean Air Act. The proposed consent decree, if approved by the United States District Court for the District of Montana, would resolve the litigation against all four Colstrip units and provide liability releases to the owners of all four units. The core elements of the proposed settlement include a commitment to cease operations of Units 1 and 2 on or before July 1, 2022, and liability releases for the owners of all four units, without requiring monetary payments to the plaintiffs. Apart from outright dismissal of all claims against Units 3 and 4, those units are not affected by the proposed settlement. Aside from the July 1, 2022 deadline in the proposed settlement, there is no formal plan or timeline currently in place for retiring Units 1 and 2.

PPL Montana Announces Executive Changes

PPL Montana has announced the retirement of Pete Simonich as vice president and COO. Charles Baker, currently controller, will become general manager for Montana operations of the new Talen Energy Corporation, which will be established when PPL completes the spinoff of its competitive Energy Supply business on June 1, 2015.

PPL Montana Reportedly Mulls Sale Of Assets

PPL Montana, LLC is reportedly seeking parties to buy or dispose of the pieces of its shuttered coal-fired power plant in Billings including 74 acres along the Yellowstone River. PPL Montana posted a notice on April 14, 2015, offering up the J.E. Corette Steam Electric Station for "acquisition, disposal or other alternative use." The offer includes the plant site, its steam boiler, turbine and other equipment.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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