NorthWestern Corporation

NorthWestern Corporation

Type	Public (NYSE: NWE)
Industry	utilities
Founded	1923 as Northwestern Public Service Company
Headquarters	Sioux Falls, South Dakota, USA
Key people	E. Linn Draper Jr., Chairman;, Robert C. Rowe, President and CEO
Products	utility operations consist of regulated electric and natural gas distribution, transmission and energy supply. In addition, they are pursuing electric transmission and generation opportunities.
Services	Conventional Electricity, natural gas
Employees	1,354
Website	http://www.northwesternenergy.com/

NorthWestern Corporation owns NorthWestern Energy, a utility company that serves South Dakota, Nebraska, and Montana that is based in Sioux Falls. As of December 31, 2007, the company serves approximately 650,000 customers.

The company's corporate headquarters are located in Sioux Falls while the headquarters for the South Dakota operations (and which was the headquarters for the old NorthWestern Public Service Company) are in Huron, SD. The Montana operations (formerly known as the Montana Power Company) were acquired around 2000 after that state passed some legislation allowing the electric utility industry to be 'unbundled'. Out of state investors (led by Pennsylvania Power & Light) then immediately acquired the generation assets of Montana Power, leaving that part of the territory vulnerable to high "spot" prices on the energy market (creating some chronic discontent that led the Montana Public Service Commission to submit the one "no" vote that effectively nullified a potential sale of NorthWestern to Babcock & Brown Infrastructure of Australia).

In March 2009, NorthWestern Energy was involved with a gas explosion in Bozeman, Montana. The explosion destroyed several businesses and killed one person. By November, the company was sued by numerous owners of the destroyed businesses.^[1]

External links

• Official Website

References

1. ^ Pickle Barrel, Boodles owners sue NW Energy over Bozeman explosion