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Our Company
We serve gas and electric to customers in the western two-thirds of Montana and eastern South Dakota. We also have gas service in Nebraska, and serve electricity to Yellowstone National Park.
We own and operate a diverse generation fleet of wind, water, natural gas and coal-fired resources and the high-voltage electric transmission system and distribution system. We also own and operate natural gas production, transmission and distribution systems.
Enriching Lives Through a Safe, Sustainable Energy Future
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Enriching Lives Through a Safe, Sustainable Energy Future
Our Commitment to Sustainability
NorthWestern Energy at a glance
Our vision
Enriching lives through a safe sustainable energy future.
Our mission
Working together to provide safe, reliable and innovative energy solutions that create value for customers, communities, employees, and investors.
Our values
SERVICE: Safety, Excellence, Respect, Value, Integrity, Community, Environment
Our Hydro Facilities
Giving Back to Our Communities
Where Does Your Energy Come From?
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NorthWestern Reports Second Quarter 2024 Financial Results
Date: Jul 30, 2024
TYPE: News
BUTTE, MT / SIOUX FALLS, SD - July 30, 2024 - NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the three months ended June 30, 2024. Net income for the period was $31.7 million, or $0.52 per diluted share, as compared with net income of $19.1 million, or $0.32 per diluted share, for the same period in 2023.
“We are pleased to report solid earnings growth this quarter, a clear testament to our team’s dedication and hard work,” said Brian Bird, President and CEO. “We are also happy to announce two strategic transactions that position us for future success. First, we have entered into an agreement to acquire Energy West Montana’s natural gas distribution system, which serves 33,000 customers, most of whom are already our electric customers. Second, we also entered an agreement to acquire Puget’s 370-megawatt ownership in Colstrip at no cost. The agreement features the same structure and December 31, 2025 transfer date as we currently have in place in the previously announced deal with Avista. The no-cost acquisition of Puget’s share of Colstrip will allow us to leverage existing infrastructure that is well established, dependable, reliable and consistently available when our customers need energy the most. Additionally, over the last two months we filed rate reviews in all three of our service territories to enable us to continue to make critical infrastructure investments. All of these actions highlight our commitment to providing reliable, affordable and sustainable energy services to our valued customers while providing a reasonable return on invested shareholder capital.”