Black Hills and NorthWestern Energy reveal merger name
RAPID CITY, South Dakota and Butte, Montana - Black Hills Corp. and NorthWestern Energy announced that their combined entity will be known as Bright Horizon Energy Corporation. If approved, the new company will trade under the ticker symbol HZN on the New York Stock Exchange. The merger requires final approval from the Montana Public Service Commission and is expected to be completed by November 12, 2026.
NorthWestern Energy will become a wholly-owned subsidiary of Bright Horizon Energy following the merger. No action is needed from shareholders regarding the name and ticker symbol change. Black Hills Corp. currently serves 1.37 million customers across eight states, while NorthWestern Energy provides service to around 850,300 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park.
The merger has received approvals from various entities, including shareholders, regulatory commissions, and the Federal Energy Regulatory Commission.
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