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Wrong Michael Ruffatto?

Michael J. Ruffatto

President

North American Power Group , Ltd.

HQ Phone:  (303) 796-8600

Email: m***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

North American Power Group , Ltd.

8480 E. Orchard Road Suite 4000

Englewood, Colorado,80111

United States

Company Description

North American Power Group, Ltd., is a privately held company headquartered in Greenwood Village, Colorado. NAPG develops, owns, operates and manages energy-related projects. Drawing upon seasoned professionals with years of experience in all facets of the ene...more

Web References(84 Total References)


Wyoming power plant developer faces prison for fund misuse | The Bellingham Herald

www.bellinghamherald.com [cached]

Prosecutors are seeking the term for Michael J. Ruffatto, 71, head of Greenwood Village, Colorado-based North American Power Group after he pleaded guilty last year to falsifying documents related to $5.7 million in unaccounted-for funding from the U.S. Department of Energy.
Ruffatto has paid back $3.7 million, the Casper Star-Tribune reported (http://bit.ly/2rT03Tj ). Ruffatto is scheduled to be sentenced June 19 in federal court in Pittsburgh, near the site of the federal office that handled the grants. Time in prison would delay Ruffatto's ability to pay back the remaining $2 million, his attorneys argued in court documents. Much of the federal money was supposed to be used to study carbon-capture feasibility at the proposed Two Elk power plant in northeast Wyoming. The plant has been proposed since the mid-1990s but only a concrete pad and steel-sided building have gone up at the site east of Wright. Authorities say the federal money didn't go to research or development but was funneled into a subsidiary company, North American Land Livestock. Meanwhile, Ruffatto traveled abroad and bought a Mercedes, a home in Colorado, jewelry and clothes from Neiman Marcus, according to court documents. Ruffatto felt pressure because he had persuaded the government to spend millions of dollars for carbon-capture research at the site where no carbon dioxide was being produced yet, his lawyers said.


NAPG | North American Power Group

napg-ltd.com [cached]

Michael J. Ruffatto established North American Power Group, Ltd. (NAPG) in Englewood, Colorado in 1992.
Mike Ruffatto has over 30 years in the gas, oil, and energy trading and power generation industries, including both regulated and unregulated businesses. He served as a Board of Trustees member of the Western Electricity Coordinating Council from 1999 to 2002.


www.wyofile.com

North American Power Group founder and president Michael J. Ruffatto, an established Denver energy attorney, said he had a better idea.
In his pitch to investors and Wyoming officials, Ruffatto proposed building a large power plant smack in the center of Wyoming coal country. "Waste coal" from the nearby mines could be gathered just for the cost of picking it up, Ruffatto said, trucked to the Two Elk plant and burned to produce power for the American southwest. The lower BTU rate was okay because Two Elk would not have to pay rail freight costs. he high ash content, he said, would be handled with the state's first ash storage and disposal facility, also to be located on the Two Elk site. To finance Two Elk's construction, Ruffatto petitioned then-governor Jim Geringer in 1997 for Industrial Development Revenue Bonds. But Ruffatto and his bond attorneys successfully convinced the state that the Two Elk plant qualified for a much greater dollar amount under an exception in the federal Internal Revenue Code for "solid waste disposal." In a November 2007 sworn affidavit for the Department of Environmental Quality, Ruffatto listed electricity generation as a secondary role for the plant. "Two Elk will recycle and dispose of non-commercial or waste coal exposed during the mining process from adjacent surface mines, also producing electricity in the process," he wrote. Over the years, Ruffatto and other Two Elk representatives have listed a number of reasons for the delay in construction. One of the companies expected to partner with the North American Power Group in the project, for example, got caught in the backwash of the Enron collapse in Houston. Two Elk, they said, was also having trouble getting access to electricity transmission lines leading out of the Powder River basin. An initial 2004 transmission agreement with PacifiCorp, the Portland, Oregon-based utility, fell apart. Two Elk's deposit of $506,000 was refunded, but not until Ruffatto had used a cancelled check for the deposit to seek more bonding authority from Gov.


dev.bigskyco2.org

Michael Ruffatto, North American Power Group


www.marinij.com

But Mike Ruffatto, president of North American Power Group, said, "We don't think we were in default nor that it was an effective cancellation of the contract."


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