TORONTO, Aug. 5 /CNW/ - Tonbridge Power Inc. (TSXV-TBZ), ("Tonbridge Power" or the "Company"), 100% controlling shareholder of the Montana Alberta Tie Ltd. ("MATL") transmission line project is very pleased to provide the following construction update.
Over the last four weeks, MATL and its main engineering procurement and construction (EPC) contractor, Rocky Mountain Contractors (RMC), have been continuing to stage the equipment, supplies and obtain final local clearances for the erection of transmission poles and the stringing of conductor cable. This week, on August 4, 2010, the Company gave the go ahead to the EPC contractor to begin pole and line construction. Materials are arriving, are generally staged at two locations in Montana and Alberta, and construction is ramping up.
It will take approximately 5 weeks for the heavy machinery and 100 man labor crews to congregate in the vicinity just north of the Marias substation at which point the team will be in full force working northwards towards the Canadian border. This first section of the route spans 40 miles and during the 24 week time frame that it is expected the RMC crews will be working this section, they will have installed 228 structures, approximately 6 per mile. Between Marias and the Canadian border roughly 74% of the poles will be steel monopoles, the remainder wooden H-frame.
This fall, the crews will begin pole insertion and stringing in Canada starting at the border and moving north. Once the Canadian elements are finished, the team will move back to Marias, MT and complete the portion south to Great Falls, MT.
This construction go-ahead is in addition to the announcement at the Tonbridge Power annual general meeting, held June 29th, when the order to begin construction of the Marias MT substation was given. Since then much of the groundwork for its foundation has been completed with heavy machinery currently very active on the 10 acre site. Over the next several weeks, concrete will be poured which will allow for steel & equipment to begin to be installed beginning 4th Quarter 2010. One of MATL's other substations, located at Lethbridge Alta, is slated to begin construction in mid August to meet permit requirements.
Tonbridge Power Inc. is a Toronto-based developer of electrical transmission assets, whose principal asset is a 100% interest in Montana Alberta Tie Ltd. Shares of the Company are traded on the TSX Venture Exchange under the symbol "TBZ".
Rocky Mountain Contractors is a subsidiary of MDU Construction Services Group, Inc with more than 50 years of experience in the Montana region. RMC has offices in Helena, Kalispell, Billings and Belgrade Montana and are experts in the delivery of electricity transmission, distribution and substation facilities.
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For further information: For further information: Tonbridge Power Inc., www.tonbridgepower.com, Johan van't Hof, Chief Executive Officer, Tel: (416) 850-2150, Email: firstname.lastname@example.org; Robert van Beers, Chief Operating Officer, Tel: (416) 850-2150, Email: email@example.com; Brisco Capital Partners Corp., Graeme A. Dick, Partner, Tel: (403) 313-9663, Email: firstname.lastname@example.org