LECTRIX is developing several merchant transmission projects. The two most advanced are the Lloydminster converter station and the Montana Alberta Tie Line, a joint venture with Rocky Mountain Power Ltd of Calgary.

Lloydminster Converter Station

The Lloydminster project is a 150MW converter station located in the town of Lloydminster, Alberta. The contemplated project is expected to utilize a Siemens supplied Grid Power Flow Controller (“GPFC”) to connect the Saskatchewan and Alberta grids.

The LECTRIX Lloydminster Converter Station is one of the first merchant transmission projects in North America. The converter station will represent a new interconnection between the Western System Coordinating Council (“WSCC”) and the Mid American Power Pool (“MAPP”). It is one of two corridors for power transmission providing Alberta with access to market and supply regions in the US midwest. An AC-DC-AC converter station, or GPFC is required at the interconnection between the WSCC and MAPP as they are asynchronous (out of phase with each other) and cannot be directly connected without power flow control devices (converters) to resynchronize power flowing from one grid to the other.

The Alberta Transmission Administrator has reviewed the LECTRIX’s draft tariff and allowed merchant transmission rates. In addition, the first mile of the138 kV transmission line has been built. To download a 12MB video of the first mile starting at the ATCO substation and traveling east toward the Saskatchewan border, click here.

LECTRIX intends to lease the full capacity of the project to parties who want to buy, sell and move power between or through Alberta and Saskatchewan. LECTRIX may also seek opportunities to sell ancillary services to the Alberta Electric System Operator.

Parties can register their interest in this project by returning the GPFC Registration of Interest. Questions related to the Lloydminster project should be directed to Reynold Roeder at 503-320-5540.

Montana Alberta Tie Line

Montana Alberta Tie Ltd ("MATL"), was originally founded as a joint venture of LECTRIX MATL Holdings, Limited Partnership and Rocky Mountain Power in late 2004. MATL was formed to construct a new privately funded or “Merchant” transmission line from Lethbridge, Alberta to Great Falls, Montana - Alberta’s first power transmission inter-connection with the United States. The line, now in the permitting phase, is a 300 km/190 mile, 230 kV AC line, complete with a phase shifting transformer and up to 400 MW of transfer capacity.

An open season was conducted in the spring of 2005 and 305 MWs of capacity was sold.

In March 2006, LECTRIX and Rocky Mountain Power agreed to exchange their interest in MATL for shares of Tonbridge Power Inc. ("Tonbridge"). Tonbridge is a Canadian public company trading over the Toronto Venture Stock Exchange.

LECTRIX MATL Holdings maintains an equity interest in Tonbridge.

Other Projects

LECTRIX has identified other potential North American merchant transmission projects and continuously monitors market developments and opportunities related to these projects.