20/08/2025  Black Hills, NorthWestern merge to form $15.4 billion utility to meet surging demand

Business


Black Hills and NorthWestern Energy said on Tuesday they would merge, creating a $15.4 billion regulated electric and natural gas utility better equipped to invest in grid infrastructure and meet rising U.S. power demand.

U.S. utilities are racing to bulk up as electricity consumption surges to record levels, driven by energy-hungry data centers supporting artificial intelligence and cryptocurrencies, and higher residential and commercial use.

Close
Attachments