Otter Tail Corporation has released a presentation outlining its strategic direction and financial outlook. The company reports a diversified business model with both electric utility and manufacturing operations, serving approximately 134,000 customers across Minnesota, North Dakota, and South Dakota. Otter Tail highlights an internally financed growth strategy with no external equity needs anticipated through 2030. The company notes consistent earnings growth and a return on equity of 12.1% since 1994, exceeding the broader utility sector average. Otter Tail attributes its performance to strategic diversification and capital efficiency, emphasizing a balanced approach between rate base growth in its electric platform and cash generation in its manufacturing businesses. You can access the full presentation through the link below.
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