NorthWestern Energy to merge with Black Hills Corp
NorthWestern Energy announced Tuesday it plans to merge with Black Hills Corp “to create a premier regional regulated electric and natural gas utility company” in a process expected to take 12 to 15 months and result in an enterprise valued at $15.4 billion.
The director of the Montana Public Service Commission said regulators will scrutinize the deal, and an energy watchdog group said the merger could be an improvement for clean energy compared to the “current stagnant utility.”
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