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Article: United States: Black Hills Power Plant Transaction Creates Long-Term Partnership With Montana-Dakota Utilities.
- Article from:
- TendersInfo
- Article date:
- April 10, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: kusumv03
Black Hills Corp. today announced that its electric utility subsidiary, Black Hills Power, has completed the sale of a 25 percent ownership interest in its Wygen III power generation facility to Montana-Dakota Utilities Co. Wygen III is a 110 MW coal-fired plant under construction near Gillette, Wyo. The transaction entitles Montana-Dakota Utilities to 25 percent of the plants output - or approximately 27.5 MW - for the life of the plant. Wygen III is scheduled to be completed and online in June 2010.
A 2004 power purchase agreement between Black Hills Power and Montana-Dakota included an option for Montana-Dakota to purchase an ...
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