Table of Contents
Table of Contents 2
List of Tables 8
Company Snapshot 9
Key Information 9
Company Overview 9
SWOT Snapshot 9
Operational Metrics 10
NorthWestern Corp, Operational Metrics, By Capacity 10
NorthWestern Corp, Operational Metrics, By Distribution 10
NorthWestern Corp, Operational Metrics, By Customers 10
NorthWestern Corp, Operational Metrics, By Segmental Information 10
NorthWestern Corp, Operational Metrics, By Sales 10
NorthWestern Corp, Wind Farms 12
NorthWestern Corp, Wind Farms, United States 12
NorthWestern Corp, Solar PV Parks 14
NorthWestern Corp, Solar PV Parks, United States 14
NorthWestern Corp, Hydro Power Plants 15
NorthWestern Corp, Hydro Power Plants, United States 15
NorthWestern Corp, Thermal Power Plants 16
NorthWestern Corp, Thermal Power Plants, United States 16
Business Description 18
Business Overview 18
Major Products and Services 19
History 20
SWOT Analysis 24
Overview 24
NorthWestern Corp Strengths 24
Municipal Natural Gas Franchise Agreements 24
Environmental Stewardship 24
Operational Performance 24
NorthWestern Corp Weaknesses 25
Working Capital Deficit 25
NorthWestern Corp Opportunities 25
At-The-Market Equity Offering Program 25
Demand for Natural Gas 25
Increase in Demand for Electricity 25
NorthWestern Corp Threats 25
Seasonality of Operations 25
Operational Issues 25
Regulations 25
Financial Ratios – Capital Market Ratios 27
Financial Ratios – Annual Ratios 27
Financial Ratios – Interim Ratios 29
Key Employees 30
Key Employee Biographies 31
Company Statement 32
Locations And Subsidiaries 34
Head Office 34
Other Locations & Subsidiaries 34
Financial Deals Landscape 36
NorthWestern Corp, Deals Summary 36
NorthWestern Corp, Power, Deal Details 37
Asset Transactions 37
NorthWestern Energy Completes Acquisition ofTwo Dot Wind Farm in Montana, US from NJR Clean Energy Ventures for USD18.5 Million 37
NorthWestern Energy Acquires Thompson Falls Dam in Montana From PPL Montana for USD127.6 Million 38
NorthWestern Energy Acquires Kerr Hydro Power Plant in Montana From PPL Montana for USD263.4 Million 39
NorthWestern Energy Acquires Madison Hydro Power Plant in Montana From PPL Montana for USD12.2 Million 41
NorthWestern Energy Acquires Mystic Lake Hydro Power Plant in Montana From PPL Montana for USD16.3 Million 43
NorthWestern Energy Acquires Black Eagle Hydro Power Plant in Montana From PPL Montana for USD28.5 Million 45
NorthWestern Energy Acquires Rainbow Hydro Power Plant in Montana From PPL Montana for USD81.4 Million 47
NorthWestern Energy Acquires Cochrane Hydro Power Plant in Montana From PPL Montana for USD86.8 Million 49
NorthWestern Energy Acquires Ryan Hydro Power Plant in Montana From PPL Montana for USD81.45 Million 51
NorthWestern Acquires Spion Kop Wind Project From Compass Wind In Montana, US 53
NorthWestern Completes Project Financing Of US$45 Million For Spion Kop Wind Power Project In Montana, US 54
Equity Offering 55
NorthWestern Files Registration Statement for Public Offering of Securities 55
NorthWestern to Raise up to USD100 Million in Public offering of Shares 56
NorthWestern Raises USD57 Million in Public Offering of Shares 58
NorthWestern Completes Public Offering Of Shares For US$400 Million 60
Debt Offering 62
NorthWestern Raises USD70 Million in Private Placement of 4.26% Bonds Due 2040 62
NorthWestern Raises USD450 Million in Public Offering of 4.176% Bonds Due 2044 63
Recent Developments 65
NorthWestern Corp – Recent Developments 65
May 04, 2009: NorthWestern Energy Receives Authorization From MPSC To Build 200 MW Natural Gas-Fired Plant In The US 65
Nov 28, 2017: NorthWestern inaugurates new Mitchell office 65
Jun 28, 2017: NorthWestern, Missoula County Public Schools, City of Missoula Team Up on Renewable Energy Project 65
Mar 10, 2017: NorthWestern, City of Missoula Team Up on Electric Vehicle Charging Stations 66
Jul 18, 2012: NorthWestern Energy, Montana Organizations And NEEA Collaborate For Energy-efficient Programs And Strategic Energy Management In Montana 66
Jan 11, 2012: NorthWestern Energy And BPA Agree To Explore Collaboration On MSTI Project 67
Nov 02, 2011: KEMA To Partner NorthWestern Energy For Pacific Northwest Smart Grid Demonstration Project 67
Aug 25, 2009: ITC, NorthWestern Sign EOI To Partner To Develop Green Power Express Project 68
Jun 23, 2009: NorthWestern Energy To Conduct Open Seasons For Two Transmission Projects 68
Dec 19, 2007: NorthWestern Energy To Double Its Wind Power Capacity 69
Sep 14, 2006: NorthWestern Energy And Partners Announce Transmission Upgrade Efforts 69
Jul 19, 2018: NorthWestern reports second quarter 2018 financial results 70
Apr 24, 2018: NorthWestern Reports First Quarter 2018 Financial Results 73
Feb 12, 2018: NorthWestern Reports 2017 Financial Results 76
Nov 01, 2017: NorthWestern Reports Third Quarter 2017 Financial Results 79
Jul 25, 2017: NorthWestern Reports Second Quarter 2017 Financial Results 81
Apr 26, 2017: NorthWestern Reports First Quarter 2017 Financial Results 84
Feb 16, 2017: NorthWestern Reports 2016 Financial Results 87
Oct 20, 2016: NorthWestern Reports Third Quarter 2016 Financial Results 87
Jul 22, 2016: NorthWestern Reports Second Quarter 2016 Financial Results 90
Apr 20, 2016: NorthWestern Reports First Quarter 2016 Financial Results 93
Feb 11, 2016: NorthWestern Reports 2015 Financial Results 95
Oct 22, 2015: NorthWestern Energy Reports Third Quarter 2015 Financial Results 98
Jul 23, 2015: NorthWestern Energy Reports Second Quarter 2015 Financial Results 101
Apr 23, 2015: NorthWestern Energy Reports First Quarter 2015 Financial Results 103
Feb 12, 2015: NorthWestern Reports 2014 Financial Results 104
Jan 12, 2015: NorthWestern to Host Year-End 2014 Financial Results Conference Call and Webcast 107
Oct 23, 2014: NorthWestern Reports Third Quarter Financial Results 107
Jul 24, 2014: NorthWestern Energy Reports Second Quarter 2014 Financial Results 109
Apr 24, 2014: NorthWestern Reports First Quarter 2014 Financial Results 112
Apr 24, 2014: NorthWestern Reports First Quarter 2014 Financial Results 113
Feb 19, 2014: NorthWestern Reports 2013 Financial Results 115
Oct 24, 2013: NorthWestern Reports Third Quarter 2013 Financial Results 116
Jul 26, 2013: Northwestern Reports Second Quarter 2013 Financial Results 118
Apr 25, 2013: NorthWestern Reports Revenue Of $313m In Q1 2013 121
Feb 14, 2013: NorthWestern Reports Revenue Of $1.1 Billion In 2012 122
Oct 24, 2012: NorthWestern Energy Reports Revenue Of $235.9m In Q3 2012 123
Jul 24, 2012: NorthWestern Reports Revenue Of $244.6m In Q2 2012 124
Apr 25, 2012: NorthWestern Energy Reports Q1 2012 Results 125
Feb 16, 2012: NorthWestern Reports Revenue Of $1.1 Billion In 2011 125
Oct 26, 2011: NorthWestern Reports Revenues Of $244m In Q3 2011 126
Jul 27, 2011: NorthWestern Reports Revenues Of $251.8m In Q2 2011 127
Apr 27, 2011: NorthWestern Reports Total Revenues Of $338.3m In Q1 2011 128
Feb 11, 2011: NorthWestern Reports Net Income Of $77.38m In 2010 129
Oct 28, 2010: NorthWestern Reports Net Income Of $14.38m In Q3 2010 130
Jul 29, 2010: NorthWestern Reports Net Income Of $11.69 Million In Q2 2010 130
Apr 23, 2010: NorthWestern Reports Net Income Of $28.7 Million In Q1 2010 131
Feb 12, 2010: NorthWestern Reports Net Income Of $73.4 Million In 2009 132
Oct 28, 2009: NorthWestern Reports Net Income Of $18.9 Million In Q3 2009 134
Jul 29, 2009: NorthWestern Reports Net Income Of $6.1 Million In Q2 2009 135
Apr 23, 2009: NorthWestern Energy Reports Net Income Of $22.8 Million In Q1 2009 136
Feb 13, 2009: NorthWestern Energy Reports Year-End 2008 Results 138
Feb 13, 2009: NorthWestern Energy Declares Dividend 140
Oct 30, 2008: NorthWestern Energy Reports 3Q 2008 Results 140
Oct 30, 2008: NorthWestern Energy Declares Quarterly Dividend 141
Jul 31, 2008: NorthWestern Declares Quarterly Dividend 141
Jul 31, 2008: NorthWestern Energy Reports 2Q 2008 Results 142
May 23, 2008: NorthWestern Declares Quarterly Dividend 143
Apr 23, 2008: NorthWestern Energy Reports Q1 2008 Results 143
Feb 26, 2008: NorthWestern Energy Reports 2007 Results 143
Oct 31, 2007: NorthWestern Energy Reports Q3 2007 Results 144
Oct 31, 2007: NorthWestern Energy Declares Dividend 145
Aug 08, 2007: NorthWestern Energy Reports Q2 2007 Results 145
May 02, 2007: NorthWestern Energy Reports Q1 2007 Results 147
Feb 26, 2007: NorthWestern Energy Reports 2006 Results 148
Nov 02, 2006: NorthWestern Energy Reports Q3 2006 Results 150
Aug 02, 2006: NorthWestern Energy Reports Q2 2006 Results 150
Aug 28, 2018: Large proposed wind farm, with battery storage, asks PSC to set rate 152
Aug 21, 2018: SPP’s westward growth continues with administration of congestion-management plan 152
Jul 17, 2018: NorthWestern Energy To Repair Transmission Lines Damaged by Flooding Near Missoula; Project Will Restrict Access In Tower Street Area 152
Dec 13, 2017: PSC sets terms for wind project; developer says they’re unworkable 153
Dec 06, 2017: NorthWestern completes $10m investment in Livingston to improve reliability of electric service 153
Oct 17, 2017: Three Governors Join NorthWestern Energy to Mark Careers in Energy Week 153
Oct 12, 2017: NorthWestern Energy Thanks Customers as Power Restored on Montana’s Hi-Line; Damage Cost Could Top $2 Million 153
Aug 15, 2017: NorthWestern Energy: Outage Planned for Central Aberdeen Area 154
Aug 07, 2017: NorthWestern to Spend $800,000 to Upgrade Ennis-Madison Valley Electric System; Outage Planned for August 8 154
Jun 24, 2017: PSC Limits Duration of Energy Contracts, Siding with Ratepayer Advocate 155
Jun 09, 2017: NorthWestern Issues Update on Hebgen Dam Project; Madison River Basin Water Conditions Are Steady 155
Jun 05, 2017: NorthWestern Energy Files Annual Electric Supply-Cost Tracker with Montana Public Service Commission 156
May 17, 2017: NorthWestern Energy seeks RFP for 45MW of renewable energy projects in Montana 156
Apr 27, 2017: NorthWestern Corp. Welcomes New Board Members 156
Feb 20, 2017: NorthWestern Issues February 2017 Update on Hebgen Dam Project; Madison River Basin Snowpack in Good Shape 157
Feb 01, 2017: NorthWestern Energy raises power tariffs due to increase in property tax 157
Jan 12, 2017: NorthWestern Energy and The Missouri-Madison River Fund Trust announce funding for 2017 public recreation improvement projects 158
Jan 09, 2017: NorthWestern Makes Changes to Customers Bills; Specific Tax Information Added 158
Dec 06, 2016: NorthWestern Welcomes New Director to Board, Tony Clark, Former Commissioner, Federal Energy Regulatory Commission 159
Oct 03, 2016: NorthWestern Energy Seeks Montana Natural Gas Rate Adjustment 159
Sep 30, 2016: NorthWestern, City of Bozeman, MSU Launch Solar Project 160
Jun 08, 2016: NorthWestern Energy Files Annual Electricity Supply-Cost Tracker to Montana Public Service Commission 160
May 11, 2016: FERC Denies NorthWestern’s Request for Rehearing on the Dave Gates Generating Station 161
Apr 21, 2016: Order accepting notice of termination of large generator interconnection agreement 161
Apr 18, 2016: Rock Slide Damages Road, Limits Access to Madison Hydro Plant 162
Mar 29, 2016: Montana Public Service Commission Decision Results in Supply Cost Disallowance for NorthWestern Energy 162
Oct 29, 2015: South Dakota Public Utility Commission Approves Settlement 163
Sep 25, 2015: NorthWestern Energy Reaches Settlement Agreement in South Dakota Rate Case and Completes Purchase of Beethoven Wind Project 163
May 01, 2015: Construction of new wind farm expected to begin near Fairfield, Montana 163
Apr 27, 2015: Horsfall Joins NorthWestern Corporation Board of Directors 164
Apr 13, 2015: Madison River-Hebgen Public Meetings Scheduled 164
Mar 12, 2015: Kerry Hydroelectric Project Operation Update for Flathead Lake 164
Jan 30, 2015: Electric Outage and Cross Country Ski Trail Closure Planned for MacDonald Pass from Feb. 2 through Feb. 20 165
Jan 21, 2015: NorthWestern Continues Spill Cleanup Work in Cut Bank 165
Dec 19, 2014: NorthWestern Energy submits rate adjustment request to the South Dakota Public Utilities Commission 165
Oct 01, 2014: NorthWestern to Host Third Quarter 2014 Financial Results Conference Call and Webcast 166
Sep 04, 2014: PPL Montana agreement to sell hydroelectric facilities wins key regulatory approval 166
Jun 13, 2014: NorthWestern Energy Issues Request for Proposals for Community-Owned Renewable Generation in Montana 167
Apr 17, 2014: NorthWestern Receives FERC Order on its Dave Gates Generating Station 167
Feb 19, 2014: NorthWestern Energy Reports Continued Improvement in Electric and Natural Gas Connections in 2013 167
Jul 10, 2013: NorthWestern Energy Dedicates 40 MW Spion Kop Wind Farm In US 168
Jun 12, 2013: NorthWestern Energy To Upgrade Electric And Natural Gas Lines In Capitol Complex Area Of Helena Shortly 168
Jun 06, 2013: NEEA, Utilities And Northwest Builders Test Market With New Energy Efficient Homes Pilot 168
May 14, 2013: NorthWestern Energy To Begin Construction Of Granite Street Natural Gas Pipeline 169
May 10, 2013: NorthWestern Energy Issues RFP For Electricity Supply 169
Apr 26, 2013: Otter Tail Power, Montana-Dakota Utilities And NorthWestern Energy Hold Groundbreaking Ceremony For Big Stone Plant’s AQCS 169
Apr 02, 2013: Montana PSC Approves NorthWestern Energy’s Stay Pending Appeal 170
Jan 31, 2013: NorthWestern Energy Announces Plan To Upgrade Electric Transmission Infrastructure In Southcentral Montana 170
Dec 10, 2012: NorthWestern Energy Expects To Continue Electric Power-pole Replacement Work Till 2013 170
Nov 26, 2012: NorthWestern Energy Begins Work To Upgrade Electric Substation In Chinook, Montana 171
Nov 16, 2012: NorthWestern Energy Receives Regulatory Rate Approval On Battle Creek Natural Gas Production 171
Nov 13, 2012: Gallatin National Forest Considers NorthWestern Energy’s 37-mile Power Line Up-gradation Project 171
Nov 09, 2012: NorthWestern Receives Favorable Arbitration Decision Related To Dispute With CELP 172
Oct 03, 2012: BPA States Preference For Other Transmission Options Over MSTI To Serve Southern Idaho Energy Load 172
Sep 26, 2012: NorthWestern Energy Receives Non-binding Initial Decision From FERC Administrative Law Judge Related To Dave Gates Generating Station 172
Sep 03, 2012: NorthWestern Energy Presents Rebate To Yellowstone County For Energy Efficient Lighting 173
Aug 23, 2012: Montana PSC Sponsors Energy Transmission Forum 173
Aug 03, 2012: NorthWestern Energy Issues Request For Proposals For Community Renewable Energy Projects In Montana 174
Jul 25, 2012: Sierra Club And MEIC To Initiate Lawsuit Against Colstrip Coal-fired Power Plant 174
Jul 19, 2012: NorthWestern Energy To Seek Additional Community Renewable Energy Projects In Montana 174
Jun 08, 2012: NorthWestern Energy Submits Annual Electricity And Natural Gas Supply Cost Filings To Montana PSC 175
Jun 01, 2012: Montana PSC Grants Partial CREPs Waiver For NorthWestern Energy 175
Apr 25, 2012: NorthWestern Energy To Restart Two Units At Dave Gates Generating Plant In April 2012 176
Apr 03, 2012: NorthWestern Energy Asks Montana Public Service Commission To Place Natural Gas Production Field Into Rate Base 176
Mar 20, 2012: NorthWestern Energy Green Lights Spion Kop Wind Project 176
Feb 14, 2012: Montana PSC Approves Application For Pre-approval To Build And Operate 40 MW Spion Kop Wind Project Near Geyser 176
Feb 02, 2012: NorthWestern Energy Announces Outage Of Dave Gates Generating Station 177
Dec 16, 2011: NorthWestern Energy Submits Montana Electric Supply Plan 177
Nov 28, 2011: NorthWestern Energy To Make Repairs For Transmission Line In Bitterroot Valley, Montana, US 178
Nov 14, 2011: NorthWestern Energy Reaches Stipulated Agreement With Montana Consumer Counsel 178
Oct 14, 2011: NorthWestern Energy Breaks Ground On Aberdeen Generating Station Unit 2 179
Oct 03, 2011: NorthWestern Energy Encourages Helena Customers To Join Smart Grid Pilot Program 179
Sep 19, 2011: NorthWestern Energy Supports Review Of Mountain States Transmission Intertie Project 179
Jul 19, 2011: Shorter-Term Scheduling Boosts Flexibility Of Western Energy Markets: BPA 180
Apr 26, 2011: Montana PSC Agrees To Settle Northwestern Energy’s Rate Case 180
Nov 12, 2010: NorthWestern Energy To Switch Electric Load From Portable Substation To New Hitchcock Substation In South Dakota, US 181
Oct 12, 2010: NorthWestern Energy Submits Interim Rate Request For New Mill Creek Generating Station 181
Sep 13, 2010: NorthWestern Energy Announces Joint Transmission Planning Agreements With Western Area Power Administration 181
Sep 08, 2010: NorthWestern Energy Announces Outage To Replace Electrical Equipment At Deer Lodge City Substation, US 182
Jul 09, 2010: NorthWestern Receives Interim Rate Increase Grant From MPSC 182
Jun 17, 2010: NorthWestern Energy Plans Outage In Springfield, US 182
Jun 10, 2010: NorthWestern Energy To Conduct Planned Maintenance Of Natural Gas System In Red Lodge, Montana 182
May 20, 2010: NorthWestern Energy Appoints Heather Grahame As Vice President And General Counsel 182
May 04, 2010: NorthWestern Energy To Conduct Maintenance On 500kV Colstrip Transmission System 183
Jan 27, 2010: South Dakota Adds 126 MW Wind Capacity In 2009 183
Aug 26, 2009: NorthWestern Energy Plans Gas-Based Power plant In Montana 183
Aug 18, 2009: Exelon Co-Sponsors Study Of Transmission To Transport Renewable Energy In Upper Midwest 183
Aug 05, 2009: NorthWestern Energy Adds Additional Route Options To Jack Rabbit-Big Sky Transmission Line 184
Aug 05, 2009: BP Wind Energy Ramps Up To Full Construction Of First Phase Of Titan Wind Farm In South Dakota 184
Feb 18, 2009: NorthWestern Energy To Help Track Renewable Energy Generation In Montana 185
Feb 05, 2009: NorthWestern Appoints New Board Member 185
Jan 23, 2009: NorthWestern Completes Gas Pipeline Replacement Under Blackfoot River 185
Sep 05, 2008: NorthWestern To Install New Natural Gas Line On Bozeman’s Westside 186
Aug 15, 2008: NorthWestern Energy Appoints New Board Member 186
Aug 13, 2008: NorthWestern Energy Appoints President And CEO 186
Jun 30, 2008: NorthWestern To File Major Facility Siting Document For MSTI 187
May 01, 2008: NorthWestern Energy Appoints New Vice President 187
Apr 03, 2008: NorthWestern Energy Files Application To Begin Trading On NYSE 187
Mar 22, 2018: NorthWestern Energy: Low-cost qualifying facility to add 80-megawatts of wind to Montana portfolio 188
Dec 19, 2016: Low-cost qualifying facility to add 80-megawatts of wind to Montana portfolio 188
Apr 18, 2016: NorthWestern Selects Contractor for Bozeman Solar Project 188
Feb 12, 2013: General work contract signed for Big Stone Plant AQCS project 189
Dec 05, 2012: Siemens Selected By Otter Tail Power To Provide Two Robicon Perfect Harmony Drives For Big Stone Power Plant In South Dakota 189
Oct 15, 2012: Coyote Creek Mining And Coyote Station Reach Lignite Coal Supply Agreement 190
Feb 27, 2012: NorthWestern Energy Selects Full Spectrum’s FullMAX For Smart Grid Communications 190
Jan 25, 2012: NorthWestern Energy Selects Intergraph For Outage And Mobile Workforce Management 190
Oct 03, 2011: NorthWestern Energy Seeks Electricity Contracts For Montana Customers 191
Sep 01, 2011: NorthWestern Energy Signs Agreement With OwnEnergy For Montana Community Wind Farm 191
Aug 02, 2011: NorthWestern Energy Selects Tendril For Smart Grid Demonstration Project 191
Feb 28, 2011: Beacon Power And Northwestern Energy Sign Contract For 1 MW Flywheel Energy Storage System 192
Dec 17, 2010: NorthWestern Energy Signs MoU With Compass Wind 192
Nov 10, 2009: NorthWestern Energy Announces Power Purchase Agreement With Turnbull 193
Aug 17, 2009: NorthWestern Energy Issues RFI For Additional Renewable Energy Supply In Montana, US 193
Dec 09, 2008: NorthWestern Energy Signs Agreement With Rolling Thunder To Purchase 25 MW Wind Power 193
Oct 01, 2008: NorthWestern Issues Request For Proposals For Firm Electricity Supply 194
Jul 05, 2006: PPL Montana Signs Agreement With NorthWestern 194
Appendix 195
Report Scope 195
GlobalData Coverage 195
Benchmarking 195
GlobalData’s Methodology 195
Secondary Research 195
Primary Research 196
Contact Us 196
Disclaimer 196
NorthWestern Corp, Key Facts 9
NorthWestern Corp, Operational Metrics, Capacity 10
NorthWestern Corp, Operational Metrics, Distribution 10
NorthWestern Corp, Operational Metrics, Customers 10
NorthWestern Corp, Operational Metrics, Segmental Information 10
NorthWestern Corp, Operational Metrics, Sales 10
NorthWestern Corp, Wind Farms, United States 12
NorthWestern Corp, Solar PV Parks, United States 14
NorthWestern Corp, Hydro Power Plants, United States 15
NorthWestern Corp, Thermal Power Plants, United States 16
Major Products and Services 19
NorthWestern Corp, SWOT Analysis 24
NorthWestern Corp, Ratios based on current share price 27
NorthWestern Corp, Annual Ratios 27
NorthWestern Corp, Interim Ratios 29
NorthWestern Corp, Key Employees 30
NorthWestern Corp, Other Locations 34
NorthWestern Corp, Subsidiaries 35
NorthWestern Corp, Deals Summary 36
NorthWestern Energy Completes Acquisition ofTwo Dot Wind Farm in Montana, US from NJR Clean Energy Ventures for USD18.5 Million 37
NorthWestern Energy Acquires Thompson Falls Dam in Montana From PPL Montana for USD127.6 Million 38
NorthWestern Energy Acquires Kerr Hydro Power Plant in Montana From PPL Montana for USD263.4 Million 39
NorthWestern Energy Acquires Madison Hydro Power Plant in Montana From PPL Montana for USD12.2 Million 41
NorthWestern Energy Acquires Mystic Lake Hydro Power Plant in Montana From PPL Montana for USD16.3 Million 43
NorthWestern Energy Acquires Black Eagle Hydro Power Plant in Montana From PPL Montana for USD28.5 Million 45
NorthWestern Energy Acquires Rainbow Hydro Power Plant in Montana From PPL Montana for USD81.4 Million 47
NorthWestern Energy Acquires Cochrane Hydro Power Plant in Montana From PPL Montana for USD86.8 Million 49
NorthWestern Energy Acquires Ryan Hydro Power Plant in Montana From PPL Montana for USD81.45 Million 51
NorthWestern Acquires Spion Kop Wind Project From Compass Wind In Montana, US 53
NorthWestern Completes Project Financing Of US$45 Million For Spion Kop Wind Power Project In Montana, US 54
NorthWestern Files Registration Statement for Public Offering of Securities 55
NorthWestern to Raise up to USD100 Million in Public offering of Shares 56
NorthWestern Raises USD57 Million in Public Offering of Shares 58
NorthWestern Completes Public Offering Of Shares For US$400 Million 60
NorthWestern Raises USD70 Million in Private Placement of 4.26% Bonds Due 2040 62
NorthWestern Raises USD450 Million in Public Offering of 4.176% Bonds Due 2044 63