BKH Black Hills Corporation

Black Hills Corp. Announces Commercial Operations at Busch Ranch II Wind Farm and Natural Bridge Pipeline

Black Hills Corp. Announces Commercial Operations at Busch Ranch II Wind Farm and Natural Bridge Pipeline

RAPID CITY, S.D., Dec. 02, 2019 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) announced that construction has been completed and commercial operations started for the 60-megawatt Busch Ranch II wind project in southern Colorado and the 35-mile Natural Bridge pipeline in eastern Wyoming.

The $71 million wind project was developed by Black Hills Corp.’s power generation segment, Black Hills Electric Generation, LLC, for its affiliate electric utility, Colorado Electric. The project is sited on 13,000 acres south of Pueblo, Colo., in Huerfano and Las Animas Counties. All of the wind project’s energy will be delivered to Colorado Electric through a 25-year power purchase agreement.

Wyoming Gas’ $54 million, 12-inch steel Natural Bridge pipeline connects to new supply points near Douglas, Wyoming, and interconnects to existing facilities near Casper, Wyoming.  The new pipeline enhances reliability of supply and provides additional capacity for approximately 57,000 customers in central Wyoming.

“These two projects showcase our commitment to cleaner energy and reliability,” said Linden “Linn” R. Evans, president and CEO of Black Hills Corp. “The Colorado wind project continues our 21st century generation model of clean energy development. For over a decade, we have been modernizing our electric system and growing our renewable energy portfolio to build one of the cleanest energy grids in Colorado, fueled by wind, solar and natural gas generation. The new Wyoming pipeline provides additional capacity and access to new supply to ensure that Black Hills can cost-effectively meet long-term demand for our natural gas customers in the Casper and Riverton areas of Wyoming.”

With the completion of Busch Ranch II, Black Hills Corp. now owns and operates 150 megawatts of wind generation in southern Colorado, all of which serves our electric utility customers with clean, renewable energy. The wind project will help Colorado Electric achieve the state’s Renewable Energy Standard of delivering 30 percent of its energy from renewable resources by 2020. The wind farm will also further the City of Pueblo’s stated intention of providing its local citizens more energy from renewable generation resources.

Black Hills Corporation

Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.27 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. More information is available at

Investor Relations

Jerome E. Nichols

605-721-1171

24-Hour Media Relations Line

888-242-3969

Caution Regarding Forward Looking Statement

This news release includes “forward-looking statements” as defined by the Securities and Exchange Commission, or SEC. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this news release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward looking statements. This includes our ability to meet Colorado’s Renewable Energy Standard. These forward-looking statements are based on assumptions which we believe are reasonable based on current expectations and projections about future events and industry conditions and trends affecting our business. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks and uncertainties that, among other things, could cause actual results to differ materially from those contained in the forward-looking statements, the risk factors described in Item 1A of Part I of our 2018 Annual Report on Form 10-K filed with the SEC, and other reports that we file with the SEC from time to time.

New factors that could cause actual results to differ materially from those described in forward looking statements emerge from time-to-time, and it is not possible for us to predict all such factors, or the extent to which any such factor or combination of factors may cause actual results to differ from those contained in any forward-looking statement. We assume no obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or otherwise.

EN
02/12/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Black Hills Corporation

 PRESS RELEASE

Black Hills Corp. Gas Utility Receives Approval for New Rates in Nebra...

Black Hills Corp. Gas Utility Receives Approval for New Rates in Nebraska RAPID CITY, S.D., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its natural gas utility subsidiary in Nebraska received approval from the Nebraska Public Service Commission of a unanimous settlement agreement for new rates. The new rates will provide recovery of over $453 million of system investments since the utility’s last general rate filing in 2020 and operational costs required to deliver safe, reliable natural gas service for over 304,000 Nebraska customers. “These new ...

 PRESS RELEASE

Black Hills Corp. Requests Rate Review in Arkansas

Black Hills Corp. Requests Rate Review in Arkansas RAPID CITY, S.D., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Arkansas natural gas utility has filed a rate review application with the Arkansas Public Service Commission requesting $29.4 million in new annual revenue to recover the necessary capital infrastructure and operational costs required to deliver safe, reliable natural gas service for over 189,000 Arkansas customers in more than 100 communities in Arkansas. The company is seeking recovery of approximately $147 million in safety, reli...

Black Hills Corp: 1 director

A director at Black Hills Corp sold 14,500 shares at 70.700USD and the significance rating of the trade was 77/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...

 PRESS RELEASE

Black Hills Corp. Reports 2025 Third-Quarter Results and Reaffirms 202...

Black Hills Corp. Reports 2025 Third-Quarter Results and Reaffirms 2025 Adjusted Earnings Guidance Reaffirms 2025 adjusted earnings guidance in the range of $4.00 to $4.20 per share, excluding merger-related costs, same as prior GAAP guidanceCompleted planned equity and debt financing activities for 2025Filed settlement agreement for new customer rates at Nebraska natural gas utilityCompleting construction of Ready Wyoming 260-mile transmission expansion project to be in service by year-endCommenced construction of Lange II 99 MW generation facility in South Dakota to be in service during s...

 PRESS RELEASE

Black Hills Corp. Announces Quarterly Dividend 

Black Hills Corp. Announces Quarterly Dividend  Third-quarter 2025 earnings call and webcast are Thursday, November 6 RAPID CITY, S.D., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared a quarterly dividend on the common stock at a meeting held Oct. 28, 2025. Common shareholders of record at the close of business on Nov. 17, 2025, will receive $0.676 per share, payable Dec. 1, 2025. The company also confirms that it will release its 2025 third-quarter earnings after the market closes Wednesday, Nov. 5, 2025, and will ho...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch