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Building for the Future - minnkota.com

Building for the Future2017 ANNUAL REPORT2 017On the coverTop left: Crews use a bucket truck to complete work on the Fargo 115-kV transmission line upgrade right: The Milton R. Young Station generated the second-most net kilowatt-hours in its history in left: The new Minnkota cooperative campus was substantially completed in 2017. Bottom right: Minnkota crews finish the installation of the switch at the new Woodside substation near Erskine, 2017 Minnkota Annual ReportContentsCooperative Profile 4 Report to the Members 6 Board of Directors and Officers 7 Class A, B, C and D Members 8 2017 Year in Review 18 Executive Staff and Senior Management 19 Operating Statistics 20 Treasurer s Report 22 Financial Statements 27 Independent Auditor s Report 28 Notes to Financial Statements 32 Associated Cooperative Boards and Management 34 Associated Cooperative Statistics Minnkota Power Cooperative is a generation and transmission (G&T) cooperative headquartered in Grand Forks, Through 11 member-owner distribution cooperatives, three in eastern North Dakota and eight in northwestern Minnesota, Minnkota provides valuable electric energy to more than 136,000 residential, commercial and industrial primary source of generation is the Milton R.

Building for the Future 2017 ANNUAL REPORT 2017. On the cover Top left: Crews use a bucket truck to complete work on the ... and building stronger connections with our members. Following the successes of 2017, one thing is clear: Minnkota is an organization that is built to last.

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