NorthWestern Energy Boosts Colstrip Plant Ownership to 55%

Reuters
Dec 06
NorthWestern Energy Boosts Colstrip Plant Ownership to 55%

NorthWestern Energy Group Inc. has announced plans to increase its ownership stake in Montana's Colstrip Plant from 15% to 55% by acquiring additional shares from Avista and Puget Sound Energy. The company stated that this move will enhance its ability to provide reliable, cost-effective energy to Montana customers, with no purchase price for the added capacity. The expanded ownership is intended to support future energy demand and economic opportunities in the state.

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