SHIPROCK, N.M. - Navajo Transitional Energy Company, LLC (NTEC), a business enterprise of the Navajo Nation, has announced that NTEC will proceed with an option to acquire partial ownership of the Four Corners Power Plant - a move that further solidifies the Navajo Nation's position as a leader in energy development in Indian Country. "NTEC is positioning to move into the power generating industry. This acquisition would enable NTEC to bolster Navajo energy security and to be at the forefront of innovation and progress. For the first time, Navajo power will be generated for the Navajo people," said Steve Gundersen, NTEC board chairman.
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