Absaroka Energy is committed to providing clean renewable energy by creating innovative solutions that enhance our electrical infrastructure. We are driven by our commitment to our communities and providing cleaner energy for future generations.

Executive Team

Carl Borgquist
President and CEO

Mr. Borgquist is responsible for Absaroka’s corporate strategy, management and operations. As a founding partner of Absaroka Energy, he is focused on harnessing both Montana’s high-quality renewable energy resources and its innovative and talented workforce to develop the region’s energy future.

With long-term experience in law, capital markets, finance and renewable energy development, Mr. Borgquist is a sought after presenter and thought leader on infrastructure development, grid innovation and energy policy. He previously served as an Assistant District Attorney for Alameda County, in the Navy as a Judge Advocate, as a Special Assistant United States Attorney, and with the Davidson Companies as Director of Wealth Management.

He holds a Bachelor of Arts in Political Science and Public Administration from California State University and a law degree from the University of San Francisco.

Rhett Hurless
Senior Vice President and COO

Mr. Hurless has over 30 years in the natural resources and energy development industry, with experience in all stages of project development, project management and asset management. Early in his career, he worked for the Montana Department of Natural Resources in the Water Rights Adjudication program as the Program Manager during its statewide roll out.Mr. Hurless moved to the private sector as a consultant focusing on water rights, farm based irrigations systems and small hydropower projects throughout Montana. His firm was successful in the development of large flood and sprinkler irrigations systems, licensing and development of numerous small hydropower projects and the successfully protection and development of individual water rights.

Mr. Hurless changed from consulting to lead project teams for a variety of different international independent power producers such as Synergics Energy Development, Inc., and Panda Energy International, Inc. The projects for these firms ranged from medium hydropower projects in California, Hawaii, and Nepal, to large combined cycle natural gas fired projects in Texas, Arkansas, and Arizona. Later in his role as the VP of Business Development at Panda Energy, he evaluated biomass, coal, wind, solar, hydrogen and geothermal investment opportunities, as well as led the asset management of $4 billion in projects.

Before joining Absaroka Energy, Mr. Hurless had been providing consulting services to energy companies working in the wind, clean coal, bio-mass and ethanol industries. He has published articles on innovations in the energy industry and received his Bachelor of Science Degree in Mechanical Engineering from Montana State University.

Eli Bailey
VP Business Development

Mr. Bailey has experience in federal and state permitting, hydropower licensing, NEPA review, energy policy, strategic communications, corporate strategy and project management. He took a lead role in the successful execution of the FERC hydropower licensing process for the Gordon Butte Closed Loop Pumped Storage Hydro Project.

Before joining Absaroka Energy, Mr. Bailey was a Legislative Assistant for the Senate Committee on Indian Affairs where he worked on policy issues including irrigation and dam infrastructure, water use compacts, mining and energy development and regulatory oversight. Prior to that he worked in the office of United States Senator John Barrasso.

Mr. Bailey has a Master’s Degree from Georgetown University’s School of Government, which took him to Asia, Africa and the Middle East where he worked in the fields of international development and conflict resolution. He earned a Bachelor’s Degree from Colorado College.

Lindsey Tollefson
VP of Project Development

Ms. Tollefson has worked on developing and managing energy projects in the western United States for the past 10 years. She also brings experience as a natural resource consultant and scientist with a focus on water resources and climate change.

At Montana State University’s Energy Research Institute, Ms. Tollefson was the Project Manager for a multicomponent, U.S. Department of Energy funded carbon sequestration project.In this role, her responsibilities included: project development and permitting, risk management, budgets, resource allocation, scheduling, and subcontractor oversight and coordination. Previously at MSU, she was the Communications and Outreach Manager where she played a lead role in project communications, stakeholder engagement, public outreach and media relations.

In 2015, Ms. Tollefson obtained her Project Management Professional (PMP) certification through the Project Management Institute. She holds a B.S. from Montana State University and a M.S. from Florida International University. Ms. Tollefson has travelled extensively and worked in Argentina and Peru and speaks Spanish. Ms. Tollefson is committed to developing a clean energy future for Montana and beyond.

Paul Bockus
Office Manager

Mr. Bockus has a long and diverse career in business management, administration and project development. Prior to joining Absaroka Energy, he held corporate management positions in the hospitality industry, opening and operating facilities throughout all regions of the United States. This career eventually landed him in a management position at Bridger Bowl, Inc, in Bozeman, Montana. There he created and developed Bridger Bowl’s “Green Team” initiative to develop and implement sustainable business practice programs in energy conservation, energy off-sets, transportation efficiencies, and waste-system management.

Mr. Bockus has a BSBA degree from Denver University’s Daniels College of Business.