Tag: Montana-Alberta Tie Line

Montana-Alberta Tie Line to be completed by mid-summer 2013

The Montana-Alberta Tie Line project being developed by Enbridge Incorporation is expected to be completed by July 2013. The project was originally proposed by Montana Alberta Tie Limited, a wholly-owned subsidiary of Tonbridge Power. Enbridge acquired the project when it took over Tonbridge.

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Tonbridge Power acquired by Enbridge Incorporated

Enbridge Incorporated (ENB), an oil and natural gas distribution company in North America, has completed the acquisition of Tonbridge Power Incorporated for a payment of CAD20 million and a debt repayment of about CAD50 million, which Tonbridge had borrowed for the Montana Alberta Tie Line (MATL) project.

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Tonbridge Power acquired by Enbridge Incorporated

Enbridge Incorporated (ENB), an oil and natural gas distribution company in North America, has completed the acquisition of Tonbridge Power Incorporated for a payment of CAD20 million and a debt repayment of about CAD50 million, which Tonbridge had borrowed for the Montana Alberta Tie Line (MATL) project.

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Enbridge to purchase Tonbridge Power

Enbridge Incorporated (ENB), an oil and natural gas distribution company in North America, has offered to buy Tonbridge Power Incorporated for a payment of CAD20 million and a debt repayment of about CAD50 million, which the latter has borrowed for the Montana Alberta Tie Line (MATL) project.

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Enbridge to purchase Tonbridge Power

Enbridge Incorporated (ENB), an oil and natural gas distribution company in North America, has offered to buy Tonbridge Power Incorporated for a payment of CAD20 million and a debt repayment of about CAD50 million, which the latter has borrowed for the Montana Alberta Tie Line (MATL) project.

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Montana DEQ approves MATL project route change

The Montana Department of Environmental Quality (DEQ) has approved a route change for the Montana-Alberta Tie Line (MATL) project proposed by Montana Alberta Tie Limited, a wholly owned subsidiary of Tonbridge Power Incorporated.

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Contract dispute halts cross-border MATL project

The construction of the Montana-Alberta Tie Line (MATL), a cross-border transmission line between Canada and the United States, has been halted pending the resolution of a dispute between the developer, Montana Alberta Tie Limited and its contractor, Rocky Mountain Contractors (RMC).

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FERC approves USD161 million grant to MATL

The Federal Energy Regulatory Commission (FERC) has approved the loan granted to Tonbridge Power-owned Montana Alberta Tie Limited (MATL) by Western Area Power Administration (WAPA) under the Department of Energy’s (DOE) fiscal stimulus package.

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