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September 04, 2015 4:26 AM ET

Electric Utilities

Company Overview of Montana-Dakota Utilities Co.

Company Overview

Montana-Dakota Utilities Co. supplies electricity and natural gas to residential and commercial customers in Montana, North Dakota, South Dakota, and Wyoming. It also offers various educational materials, energy safety training, and other services. The company also provides engineering advice, up-to-date information on new energy technology, financial analysis, vendor referral, and energy auditing services; trade ally programs; and outage and storm information, emergency information, natural gas safety tips, pipeline safety, power line safety, and landscaping guidelines, as well as customer support services. Montana-Dakota Utilities Co. was founded in 1924 and is based in Bismarck, North Dak...

400 North Fourth Street

Bismarck, ND 58501

United States

Founded in 1924

Phone:

701-222-7900

Fax:

701-221-3933

Key Executives for Montana-Dakota Utilities Co.

Chief Executive Officer and President
Age: 42
Vice President of Electric Supply
Compensation as of Fiscal Year 2015.

Montana-Dakota Utilities Co. Key Developments

MDU Resources Group, Inc. Announces Executive Changes to its Utility Group

On January 8, 2015, MDU Resources Group Inc. announced that Nicole A. Kivisto has been named President and Chief Executive Officer of the Company's utility group, which includes Montana-Dakota Utilities Co., Great Plains Natural Gas Co., Cascade Natural Gas Corporation and Intermountain Gas Company, effective January 9, 2015. Ms. Kivisto replaces K. Frank Morehouse who tendered his resignation on January 4, 2015, which was accepted effective January 8, 2015. Ms. Kivisto, age 41, joined the Company in 1995 and has held a number of positions of increasing responsibility. Ms. Kivisto has been Vice President of Operations for Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. since January 2014. Prior to that, she was Vice President, Controller and Chief Accounting Officer for the Company from February 17, 2010 until January 3, 2014. She was Controller for the Company from December 1, 2005 until February 16, 2010.

Montana-Dakota Utilities Co. Announces Executive Changes, Effective January 3, 2014

Montana-Dakota Utilities Co. announced the appointment of Jay Skabo as vice president of electric supply and Nicole Kivisto as vice president of operations for the company. The appointments are effective Jan. 3, 2014. Skabo is currently vice president of operations for Montana-Dakota, a position he has held since October 2008 Kivisto is currently vice president, controller and chief accounting officer for MDU Resources Group, a position she has held since February 2010.

Wind Works Power Corp. Executes Power Purchase Agreement for its Thunder Spirit Project with Montana-Dakota Utilities Co

Wind Works Power Corp. announced it has executed a Power Purchase Agreement for its 100% owned Thunder Spirit Project, located in Hettinger, North Dakota. The Power Purchase Agreement with Montana-Dakota Utilities Co. is for approximately 105 megawatts (MW) of installed capacity of wind turbine generators. The project will deliver clean, renewable energy to Montana-Dakota's electric grid at their 230kV Hettinger Substation. The project is scheduled to reach commercial operation in the fourth quarter of 2015. The Thunder Spirit Project was proposed to MDU's March 25, 2013 Request for Proposal for Capacity and Energy Supply. The project was competitively selected and will provide MDU and its customers stable energy pricing for the 25- year term of the agreement. In addition to Montana-Dakota Utility Co.'s present renewable energy generation, adding Thunder Spirit means that 20% of MDU's energy requirements can be supplied from renewable resources.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 24, 2014
Thunder Spirit Wind, LLC
 

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