November 18, 2017 1:43 AM ET

Electric Utilities

Company Overview of Otter Tail Power Company

Company Overview

Otter Tail Power Company operates as an electric utility that engages in generating and transmitting electricity for residential, commercial, and industrial customers in Minnesota, North Dakota, and South Dakota. It produces electricity from coal-fired power plants, wind farms, hydroelectric plants, and combustion turbines. The company was incorporated in 1907 and is based in Fergus Falls, Minnesota. Otter Tail Power Company operates as a subsidiary of Otter Tail Corporation.

215 South Cascade Street

Fergus Falls, MN 56537

United States

Founded in 1907

Phone:

218-739-8200

Fax:

218-751-5151

Key Executives for Otter Tail Power Company

President
Age: 50
Chief Financial Officer
General Counsel
Vice President of Public Relations
Director of Human Resources & Safety
Compensation as of Fiscal Year 2017.

Otter Tail Power Company Key Developments

Otter Tail Power Announces Purchase of New Wind Farm in North Dakota

Otter Tail Power Company signed agreements to purchase a 150-megawatt (MW) wind farm in southeastern North Dakota that EDF Renewable Energy will design and build in 2019. The company expects the project to cost more than $250 million and the wind farm to generate enough electricity to power more than 65,000 homes. Before construction can begin, Otter Tail Power Company and EDF Renewable Energy will seek required approvals from state regulatory agencies, and the Midcontinent Independent System Operator Inc. will need to authorize interconnection to the transmission system. This wind project will be near the small town of Merricourt, approximately 15 miles south of Edgeley, North Dakota, in McIntosh and Dickey Counties.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
November 14, 2017
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