Fitch Ratings has affirmed the Issuer Default Rating (IDR) of Otter Tail Corp. (OTTR) at 'BBB-'. By Business Wire. related announcements News. The Otter Tail Power Company Foundation was established in November 2018 to fulfill the mission of connecting with our rural communities through supporting young minds, investing in our current and future workforce, creating vibrant culture and vital communities, improving health and human services, and protecting our natural resources. In the beginning, Otter Tail Power built a series of hydroelectric plants to provide power for its system and these served the company well until its expansion in the 1920s outstripped the dams' capacity (steam provided the bulk of the company's power needs from then on). BTD and TOP are also operating companies in Otter Tail Corporation. The company has more than 5,300 miles of transmission lines. About Otter Tail Corporation Like the broad end of its furry namesake, Otter Tail covers a swath of businesses, from electric services and construction to manufacturing equipment and plastics. Over time, Otter Tail Corporation expects Otter Tail Power Company to provide approximately 75-90% of its overall earnings. Otter Tail Corporation fell 49 cents (-2.7%) to $18.89 on light volume. The upcoming earnings date is derived from an … Represented by proxy or present in person at the meeting was … Otter Tail sells electric power at retail in 465 towns in Minnesota, North Dakta, and South Dakota. For questions about the report contact Otter Tail Power Company Communications at communications @otpco.com. Otter Tail Power Company filed as a Foreign For-Profit Corporation in the State of Texas on Tuesday, November 2, 2010 and is approximately ten years old, according to public records filed with Texas Secretary of State.A corporate filing is called a foreign filing when an existing corporate entity files in a state other than the state they originally filed in. OTC has its Fergus Falls, MN. Otter Tail Power Company begins operating Hoot Lake hydroelectric plant, which the company had built northeast of Fergus Falls, on the Otter Tail River. Otter Tail Corporation Common Stock (OTTR) Nasdaq Listed. OTTER TAIL CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Jun 09, 2021 (The Expresswire) -- Global “Electric Vehicle Power Market” report provides the … Electric Companies. Hoot Lake Solar will include around 170,000 solar panels, generating enough energy to power approximately 10,000 homes every year. Add to Portfolio. Company Participants. The Company operates through three segments: Electric, Manufacturing and Plastics. “ Otter Tail Power continues to enhance its generation mix as it transitions to a cleaner energy future while maintaining low rates in the region for its customers. Otter Tail Corporation stock trades on the Nasdaq Global Select Market under the symbol OTTR. 615 talking about this. This page is for Otter Tail Power Company, an operating company under the Otter Tail Corporation umbrella. About. The company provides electricity and energy services to more than 129,000 customers throughout Minnesota, North Dakota and South Dakota. Headlines. Learn more. Otter Tail Power Company provides utility services. With a balanced commitment to environmental, economic, and community stewardship, our electric utility—Otter Tail Power Company—provides electricity and energy services to more than a quarter million people in … Otter Tail Power Company maintains a staff of more than 750 full-time employees. BTD and TOP are also operating companies in Otter Tail Corporation. Glassdoor has 18 Otter Tail Corporation reviews submitted anonymously by Otter Tail Corporation employees. Data is currently not available. The official website of the Federal Trade Commission, protecting America’s consumers for over 100 years. The Company operates through three segments: Electric, Manufacturing and Plastics. ET. Recycle the old and get up to a $50 rebate! The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Switch to LEDs. Otter Tail Power Company Lakeville, MN 6 ... We are also a wholly-owned subsidiary of Otter Tail Corporation, a publicly traded company on NASDAQ. We will earn a return on these upgrades over the next 20 years in FERC-approved agreements with new generation owners. Currently I manage the AMI project as part of the Otter Tail Power Company Smart Grid initiative called Innovation 2030. Currency in USD. DEVILS LAKE - Volunteers are the heart of our communities and our employees are always finding ways to lend a helping hand. Add to Watchlist. The company still operates five hydro plants—Dayton Hollow, Hoot Lake, Pisgah, Taplin Gorge, and Wright—on the Otter Tail River near Fergus Falls and at Bemidji on the Mississippi River. 2W 10W 9M. $47.97. The latest investor and corporate information is available at www.ottertail.com. Otter Tail Corporation's strategy is to continue to invest in rate base growth opportunities at our regulated electric utility, which will lower overall risk, create a more predictable earnings stream, improve credit quality, and preserve the ability to fund the dividend. Otter Tail Corporation Reports a 7.8 Percent Increase in 2020 Diluted Earnings per Share to $2.34, Increases Quarterly Dividend 5.4 Percent and Announces 2021 Earnings Guidance of $2.39 to $2.54 per Share. Learn more. Find 7 listings related to Otter Tail Corporation in Battle Lake on YP.com. Otter Tail Corporation was founded … As of the February 12, 2021 record date, a total of 41,510,455 common shares were entitled to vote, of which 33,446,403 shares were voted online during the meeting or … Feb 2019 - Feb 20212 years 1 month. Otter Tail Power Company plans to grow its rate based in very supportive regulatory environments and an 8.6% compounded annual growth rate … Otter Tail Corporation Will Host Conference Call On 2019 Financial Results. To receive your free packet, call Otter Tail Power Company's Idea Center at 800-493-3299. Otter Tail Power Company, a wholly owned subsidiary of Otter Tail Corporation, is headquartered in Fergus Falls, Minn. OTC’s diversified operations include an electric utility (Otter Tail Power Company) and manufacturing businesses which includes metal fabrication, custom plastic parts and PVC pipe manufacturing. The Otter Tail Power Company credit facility can also be upsized to $250 million based on certain terms and conditions. It operates through the following segments: Electric, Manufacturing and Plastics. Prev Next. 1919 Otter Tail Power Company. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Learn more. The company is headquartered in Fergus Falls, Minnesota. Otter Tail Corporation is an energy company based in Fergus Falls, Minnesota. Its main subsidiary is the Otter Tail Power Company . As of 2007, Otter Tail Power Company serves at least 423 towns at retail and delivers power to about 14 municipal utilities. The company currently has a workforce of over 750 employees,... Clever Leaves Holdings Inc. Investor Presentation Senior Associate General Counsel, Assistant Corporate Secretary Otter Tail Corporation Otter Tail Power Company Oct 2005 - Feb 2013 7 years 5 months. They are separate and distinct companies from Otter Tail Power Company. This is a 49 megawatt project, we plan to build on … On Slide 18, Otter Tail Power announced in September the $60 million Hoot Lake solar project. So you can focus on what matters most. Otter Tail Power Company Edgeley Service Representative Steve Powers and Network Engineer Cody Lehmann make an Otter Impact through volunteering as firefighters. Manager, Tax & Property Accounting. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.
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