NorthWestern Energy Seeks Additional Renewable Energy Supply in Montana
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BUTTE, Mont., Aug. 17 /PRNewswire-FirstCall/ -- NorthWestern Corporation d/b/a
NorthWestern Energy (NYSE: NWE) already has one of the highest percentages of
total renewable energy supply of any utility in the Northwest and it is now
looking to add even more to its electric generation portfolio.
The company has issued a Request for Information (RFI) to owners or developers
of potential projects that meet state standards for renewable energy and/or
projects that meet the requirements for Community Renewable Energy Projects
(CREP). The company is seeking to add 25-75 megawatts of renewable electric
generation to its portfolio. Responses are due by the end of September.
"We're looking for innovative, cost-effective renewable projects that we can
add to our growing portfolio of rate-based electricity resources," said Dave
Gates, Vice President - Wholesale Operations. "In addition to further
diversifying our portfolio, the addition of renewable resources favorably
positions the utility given pending climate change legislation."
According to John Hines, Chief Energy Supply Officer, the RFI is open to all
qualified renewable energy resources ranging from wind and biomass to landfill
gas and hydrogen and everything in between.
While the company prefers to purchase the projects outright, it will consider
other options to include equity interests in larger projects and long-term
power purchase agreements. It will only consider projects that deliver both
renewable energy and the associated renewable energy credits.
The RFI is available on the company's website www.northwesternenergy.com as
well as that of its consultant Lands Energy Consulting www.landsenergy.com.
Responses to the RFI are due by September 30. Any inquiries or correspondence
regarding this RFI should be directed to Lands Energy Consulting:
Tim Castille or Steve Lewis
castille@landsenergy.com slewis@landsenergy.com
360-885-4567 206-726-3695
About NorthWestern Energy
NorthWestern Energy provides electricity and natural gas in the Upper Midwest
and Northwest, serving approximately 656,000 customers in Montana, South
Dakota and Nebraska. More information on NorthWestern Energy is available on
the Company's Web site at www.northwesternenergy.com.
SOURCE NorthWestern Energy
Media, Claudia Rapkoch, 1-866-622-8081, claudia.rapkoch@northwestern.com, or
Investor Relations, Dan Rausch, +1-605-978-2902,
daniel.rausch@northwestern.com, both of NorthWestern Energy
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