FINANCIAL_SERVICESDISCUSSED

State support committed for WBI pipeline project

The Industrial Commission reported a commitment of up to $500 million in state support for a proposed pipeline project by WBI Energy Transmission, Inc. Funding will be provided through a Bank of North Dakota line of credit guaranteed by the Strategic Investment and Improvements Fund beginning in the 2027-29 biennium. Repayments are scheduled to continue through the 2041-43 biennium.

Document date · June 24, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $500 million in state support
Contract type
FINANCIAL_SERVICES
Contract term
Beginning in the 2027-29 biennium; repayments scheduled through the 2041-43 biennium
Renewal date
2043-06-30
Renewal
Support is structured through a long-term line of credit and scheduled repayments extending to the 2041-43 biennium; no specific renewal or extension clauses were described.
Document type
Minutes
Source document
North Dakota Legislative Council Budget Section - Regulatory Division Meeting Minutes 2026-06-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by North Dakota Legislative Assembly?

Wbi Energy Transmission Inc was awarded this financial services contract by North Dakota Legislative Assembly, as recorded on June 24, 2026. The contract value is Up to $500 million in state support.

How much is the Wbi Energy Transmission Inc contract with North Dakota Legislative Assembly worth?

The Wbi Energy Transmission Inc contract with North Dakota Legislative Assembly is valued at Up to $500 million in state support, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in North Dakota Legislative Council Budget Section - Regulatory Division Meeting Minutes 2026-06-24 (Minutes), dated June 24, 2026 from North Dakota Legislative Assembly. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wbi Energy Transmission Inc hold?

Wbi Energy Transmission Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Wbi Energy Transmission Inc's profile

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