Deals Counterparts

Gate City Power

company 1 Deal 6 Partners

Fergus Falls, USA-based electric utility, a subsidiary of Otter Tail Corporation, serving 132,500 customers across Minnesota, North Dakota, and South Dakota. The company operates a diverse generation portfolio of approximately 1,300 MW, including natural gas (such as the 250 MW Gate City Station), coal, wind, and solar assets.

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Founded 1907 700 employees Parent: Otter Tail Corporation
Electric UtilityOperatorDeveloperOfftaker

Strategic Overview

  • Otter Tail Power Company is actively transitioning its generation portfolio towards more renewable energy sources while maintaining system reliability with natural gas assets.
  • The company has significant capital expenditure plans focused on new generation and transmission infrastructure within its service territory.
  • Strategic focus on serving its existing customer base across Minnesota, North Dakota, and South Dakota.

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Investment Focus

Technologies
Gas1
Geography
US1

Key People

Timothy J. Rogelstad
President and CEO
Kevin B. Moug
Senior Vice President, Chief Financial Officer, and Treasurer
Brian Draxten
Senior Vice President, Energy
Brad W. Rogness
Senior Vice President, Operations
Cindy L. Nitschke
Senior Vice President, Corporate Communications and Governmental Affairs
Todd J. Kjelland
Senior Vice President, General Counsel, and Secretary

Track Record

1,300
MW Total
117
Years Active
Notable projects: Gate City Station (Natural Gas), Coyote Station (Coal), Merricourt Wind Energy Center, Hoot Lake Solar Project, Astoria Station (Natural Gas)

Detailed Analysis

Sectors
UtilitiesEnergy Transition
Technologies
Natural GasCoalOnshore WindSolar PVTransmission
Geographies
USA
Deal Stage
OperatingGreenfieldBrownfield

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