July 11, 2014 7:50 AM ET

Multi-Utilities

Company Overview of Montana-Dakota Utilities Co., Inc.

Company Overview

Montana-Dakota Utilities Co., Inc. supplies electricity and natural gas to residential and commercial customers in Montana, North Dakota, South Dakota, and Wyoming. The company was founded in 1924 and is based in Bismarck, North Dakota. Montana-Dakota Utilities Co., Inc. operates as a subsidiary of MDU Resources Group Inc.

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., Inc.

Chief Executive Officer and President
Age: 56
Vice President of Operations
Age: 41
Vice President of Electric Supply
Compensation as of Fiscal Year 2014.

Montana-Dakota Utilities Co., Inc. Key Developments

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.

Montana-Dakota Utilities Co., Inc. and Great Plains Natural Gas Co. announced Executive Changes

On November 15, 2012, the Board of Directors of MDU Resources Group, Inc. appointed K. Frank Morehouse to succeed David L. Goodin as Chief Executive Officer of Montana-Dakota Utilities Co., Inc. and Great Plains Natural Gas Co., effective January 4, 2013. Mr. Morehouse has served as Executive Vice President and General Manager of Intermountain Gas Company and Cascade Natural Gas Corporation since April 2009 and Executive Vice President and General Manager of Intermountain Gas Company from October 2008 to April 2009.

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