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

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.


Duke Energy Commits $500M To Major Solar Expansion In N.C.

The utility company says the investment will help further diversify its portfolio, as well as increase solar power for its North Carolina customers by 60%.


Sensus Issues Refund To SaskPower After Smart Meter Woes

As SaskPower continues to swap out its Sensus units following several meter failures, the two companies have reached an agreement in order for the utility to recover costs.


The Smart Utility's Guide To Choosing A Smart Meter

Electricity providers across North America are taking on grid modernization. This article outlines the myriad factors a utility should consider in order to select the best-possible smart meter.

S&C Electric_id176
Hybrid Energy Innovations 2015
Future Energy_id187
edf_id180