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News/Events

Beartooth receives proposed bankruptcy plan

By Eleanor Guerrero

Carbon County News

BEC board feels questions remain after the Reorganization Plan for Southern Montana Electric Generation and Transmission Co-op was filed Friday in U.S. bankruptcy court. The board meets tomorrow in Red Lodge.

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Bankrupt electric co-op files reorganization plan

Helena Independent Record

The trustee for the bankrupt Southern Montana Electric Generation and Transmission Cooperative has filed a reorganization plan that calls for keeping the electricity wholesaler together by restructuring its debt and holding on to a 40-megawatt power plant near Great Falls.

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Officials question plan for bankrupt co-op

By Richard Ecke

Great Falls Tribune

A reorganization plan and disclosure statement for the city of Great Falls’ bankrupt wholesale electricity supplier covered 165 pages.

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Plan filed to save bankrupt power co-op

By Claire Johnson

Billings Gazette

A reorganization plan for the bankrupt Southern Montana Electric Generation and Transmission Cooperative calls for keeping the co-op together, restructuring its debt and signing a new long-term power contract at reasonable rates that would allow repayment of creditors.

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Is electricity a "good" under the Bankruptcy Code.

By Jennifer Wertz

A question of whether electricity qualifies as a "good" under the Bankruptcy Code arises in the Southern Montana case.
 
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Electric deregulation story continues

By Ken Toole published in the Great Falls Tribune

Like a bad horror movie, the story of electric deregulation continues.

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PPL may sell Montana dams, power plants

by Richard Ecke Tribune Staff Writer

A potential sale of PPL Montana’s dams and its share of coal-fired power from Colstrip and Billings has several officials keeping their eyes open but their mouths mostly closed. 

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BEC attends mandatory Southern Settlement Conference

Carbon County News

By Eleanor Guerrero

On Wednesday, Jan. 30, board members of Beartooth Electric Co-op (BEC) attended a mandatory settlement conference. The meeting was required as part of the procedure in the bankruptcy case of Southern Montana Electric Generation and Transmission Cooperative, Inc. (Southern). BEC met with major secured creditor, Prudential Insurance Company (Prudential) to see if a settlement could be reached at this time. 

Great Falls faces costly trial in bankruptcy court

Click here for article in the Tribune. 
 
By Richard Ecke Great Falls Tribune Staff Writer 
 
Feb 4, 2013 
 
A very expensive trial looms a year from now for the city of Great Falls in its energy venture mess.
 

BEC Update

Carbon County News

By Eleanor Guerrero

The Beartooth Electric Co-op (BEC) held its monthly board meeting on Friday, Jan. 25 at the Red Lodge Area Community Foundation center. The Due Diligence Committee reported on the latest in the Southern Montana Electric Generation and Transmission Cooperative (Southern) bankruptcy and related matters. 

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