in News Departments > Projects & Contracts
print the content item

Enbridge Inc. says it has repaid the approximately $151 million principal that was outstanding under the $161 million Transmission Infrastructure Program loan granted in 2009 by the Western Area Power Administration (WAPA) to help kick-start the construction of the Montana-Alberta Tie Line (MATL).

MATL is a 215-mile, 230 kV transmission line running from Great Falls, Mont., to Lethbridge, Alberta, and is designed to support the electric transmission needs of new wind power facilities in north central Montana and buoyant power demand in Alberta.

Subject to certain remaining regulatory approvals, MATL is expected to be in service in the fourth quarter of this year.

"Funding from WAPA was essential to getting the MATL power transmission project off the ground," says Richard Bird, Enbridge’s chief financial officer. "Their continued support has been of great assistance during the development phase of the project.

“Now, as the MATL project approaches completion, it is beneficial for us to replace WAPA's initial funding with conventional financing sources available to us,” he adds. “We look forward to working with WAPA on future transmission projects."


Hybrid Energy Innovations 2015
Latest Top Stories

SPP Raises Concerns About EPA's Proposed Clean Power Plan

Stakeholders around the U.S. are mulling over the Environmental Protection Agency's blueprint to cut emissions from existing power plants. The Southwest Power Pool has released its assessment of the plan.


Comverge, Constellation To Merge Demand Response Businesses

The two companies have announced a deal to combine their DR operations serving commercial and industrial customers and establish a new, standalone entity.


Grid-Scale Energy Storage Continues Making Inroads

A new report from Navigant Research highlights the biggest markets and most popular technologies for grid-scale energy storage.


Demand Response And Renewables Help SDG&E Tackle Record-Breaking Heat Wave

San Diego Gas & Electric (SDG&E) recorded peak demand records last week and relied heavily on energy conservation, as well as imported wind and solar power, to keep the lights on.


Report: Utility-Scale Renewables Keep Getting Cheaper

A new study suggests the levelized costs of energy of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.

S&C Electric_id176
Hybrid Energy Innovations 2015
edf_id180