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Two Energy Companies Announce Plan to Merge
August 27, 2025
WASHINGTON, Aug. 27 -- Black Hills Corp., Rapid City, South Dakota, and NorthWestern Energy Group, Sioux Falls, South Dakota, have announced a definitive agreement to merge in an all-stock, tax-free transaction.

The deal, unanimously approved by the boards of directors of both companies, will create a new regulated electric and natural gas utility company with a combined enterprise value of $15.4 billion.

According to the companies, the merger will create a more resil . . .

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