by Matthew Brown, AP
Construction on a $1 billion energy storage system in central Montana could start as soon as next year after its sponsors said Friday they reached a financing agreement with a Danish firm that invests in renewable energy.
Carl Borgquist, president of Bozeman-based Absaroka Energy, said the involvement of Copenhagen Infrastructure Partners of Denmark marks a significant step forward for the 400-megawatt project near Martinsdale.
Next up, he said, is to make arrangements with utilities or others interested in using the Montana facility to complement their own electricity generation.
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