NorthWestern Energy Announces Agreement With Data Center Developer in Montana
17 Dezembro 2024 - 9:00AM
Business Wire
NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy
(Nasdaq: NWE) is pleased to announce it signed a letter of intent
to provide energy services for a developer planning new data
centers in Montana. The centers will be served as part of
NorthWestern Energy’s regulated business, which is expected to
lower the cost per customer to operate NorthWestern’s Montana
generation resources. The energy service load is expected to be a
minimum 50 megawatts, beginning in 2027, with growth to 250
megawatts or more by 2029.
“NorthWestern Energy’s strategic resource acquisitions and
diverse generation portfolio position us as a pivotal economic
partner in Montana,” said NorthWestern Energy President and CEO
Brian Bird. “As a regulated energy company, we offer reliable power
from a clean energy portfolio at competitive rates, making Montana
an attractive destination for new businesses and industries. This
collaboration underscores NorthWestern Energy’s commitment to
economic development, innovation and excellence in energy service
delivery.”
Today, NorthWestern Energy is one of the cleanest energy
companies in the nation, with most of the company’s power
generation from hydro, wind and solar resources. NorthWestern
Energy’s recent addition of on-demand energy generation from the
Yellowstone County Generating Station and the anticipated
additional capacity from the Colstrip Plant, starting January 2026,
strengthens its ability to serve existing and new Montana electric
customers reliably at lower customer costs.
“This investment in Montana is a significant milestone for our
state’s economic growth and technological advancement, possible
because of work done to provide more certainty for data center
developers,” said Paul Green, Director of the Montana Department of
Commerce. “Reliable energy service is a critical component in this
effort. This development will create new jobs, increase the state’s
tax base and demonstrates how Montana’s open-for-business mindset
and pro-growth programs are driving the state’s prosperity.”
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NorthWestern Energy - Delivering a Bright Future
NorthWestern Energy Group, Inc., doing business as NorthWestern
Energy, provides essential energy infrastructure and valuable
services that enrich lives and empower communities while serving as
long-term partners to our customers and communities. We work to
deliver safe, reliable, and innovative energy solutions that create
value for customers, communities, employees, and investors. We do
this by providing low-cost and reliable service performed by
highly-adaptable and skilled employees. We provide electricity and
/ or natural gas to approximately 775,300 customers in Montana,
South Dakota, Nebraska, and Yellowstone National Park. Our
operations in Montana and Yellowstone National Park are conducted
through our subsidiary, NW Corp, and our operations in South Dakota
and Nebraska are conducted through our subsidiary, NWE Public
Service. We have provided service in South Dakota and Nebraska
since 1923 and in Montana since 2002.
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version on businesswire.com: https://www.businesswire.com/news/home/20241217611745/en/
Investor Relations Contact: Travis Meyer (605) 978-2967
travis.meyer@northwestern.com
Media Contact: Jo Dee Black (866) 622-8081
jodee.black@northwestern.com
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