Tuesday, April 30, 2024 at 12:00 pm

Categories: Housing Finance Agency, Industrial Commission, Press Release

BISMARCK, N.D. – The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has received a $5.1 million grant from the FHLB Des Moines Member Impact Fund. Included in the $5.1 million is a $1.28 million match funded from BND capital.


Monday, March 4, 2024

Categories: Clean Sustainable Energy Authority, Industrial Commission, Press Release

NextEra accepts, Prairie Horizon declines Clean Sustainable Energy Authority Fertilizer Development Loan
 

The North Dakota Industrial Commission, consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, announced today that NextEra Energy Resources Development has accepted loan terms under the state’s Clean Sustainable Energy Authority (CSEA) Fertilizer Development Loan Program, while Prairie Horizon Energy Solutions has declined.


Tuesday, February 27, 2024 at 12:00 pm

Categories: Bank of North Dakota, Industrial Commission, Press Release

BISMARCK, N.D. (FEB 27, 2024) – The North Dakota Industrial Commission, comprised of Governor Doug Burgum, Attorney General Drew Wrigley, and Agriculture Commissioner Doug Goehring, released the following statement regarding the passing of former Bank of North Dakota President and CEO Eric Hardmeyer, who began his career with the Bank in 1985 and served as the Bank’s President and CEO from 2001-2021. Hardmeyer died Saturday, Feb. 24, at the age of 64.


Wednesday, December 27, 2023 at 12:00 pm

Categories: Housing Finance Agency, Industrial Commission, Press Release

BISMARCK, ND – The North Dakota Industrial Commission announced the allocation of funds to affordable housing projects by the North Dakota Housing Finance Agency (NDHFA).


Monday, December 18, 2023 at 12:00 pm

Categories: Industrial Commission, Oil & Gas Research Program, Press Release

The North Dakota Industrial Commission, consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, approved a total of $11.3 million in matching grants during its first grant round for grid resilience funding under the section 40101(d) of the Bipartisan Infrastructure Law (BIL) as well as its 59th grant round of the Oil and Gas Research Program. 


Friday, December 15, 2023 at 12:00 pm

Categories: Industrial Commission, Lignite Research Program, Oil & Gas Research Program, Press Release, Renewable Energy Program

During the 2023 legislative session, $300,000 was appropriated to the Industrial Commission to contract for carbon capture and utilization education and marketing. The Industrial Commission is soliciting applications for grant funding to aid in the development of a Carbon Capture and Utilization Education and Marketing Strategic Plan. 


Tuesday, November 28, 2023 at 12:00 pm

Categories: Industrial Commission, Press Release

S&P Affirms Bank of North Dakota Credit Rating

BISMARCK, N.D. – The Industrial Commission reports that Standard & Poor’s (S&P) affirmed Bank of North Dakota’s (BND) credit rating as A+/Stable in its annual review released Nov. 6.


Wednesday, October 4, 2023

Categories: Bank of North Dakota, Industrial Commission, Press Release

BISMARCK, N.D. – Todd Steinwand, President and Chief Executive Officer of Bank of North Dakota (BND), has announced his intention to retire in the second quarter of 2024. An exact date has not been established but he pledged to continue to work with the Industrial Commission (Commission) during the transition. An executive search committee was approved at today’s Industrial Commission meeting.


Friday, July 28, 2023

Categories: Industrial Commission, Press Release, Transmission Authority

BISMARCK, N.D. – The North Dakota Industrial Commission (NDIC) has selected Claire Vigesaa to serve as the next executive director of the North Dakota Transmission Authority. Vigesaa retired in 2022 as general manager and CEO for the Upper Missouri Power Cooperative after a 40-year career in the electric cooperative industry. Vigesaa has been serving as deputy director of the Transmission Authority since retirement.


Friday, July 28, 2023

Categories: Clean Sustainable Energy Authority, Industrial Commission, Oil & Gas Research Program, Press Release

The North Dakota Industrial Commission, consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, approved $15 million in matching grants and $222.5 million in loans during the latest grant rounds for the Oil and Gas Research and Clean Sustainable Energy programs. Both programs are funded by oil and gas production tax and state mineral royalty revenues. The Oil and Gas Research Program was established in 2007 to provide grants for projects that enhance the production of oil and natural gas in North Dakota. The Clean Sustainable Energy Program was established in 2021 to advance the commercialization of low-emissions technologies for North Dakota’s energy industry.