Southern’s co-op members file liquidation plan
By Clair Johnson
Members of the bankrupt Southern Montana Electric Generation and Transmission Cooperative have filed a plan to liquidate the troubled wholesale power supplier.
The four distribution cooperatives — Beartooth, Fergus, Mid-Yellowstone and Tongue River — have strongly opposed a reorganization plan proposed by Southern’s trustee. The four co-ops represent about 13,000 members in central and southeastern Montana.
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