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Colstrip Generating Plant Effective Jan 1, 2026, NorthWestern Energy will acquire, at no cost, Puget Sound Energy’s 370-megawatt share and Avista's 222-megawatt share of the Colstrip Plant Following these acquisitions, NorthWestern Energy will own 55% of the Colstrip Plant
NW Energy seeks larger ownership share in Colstrip plant The coal-fired Colstrip Steam Electric Station has a complex ownership structure, with six energy companies holding shares Currently, NorthWestern controls 222 megawatts of electricity, or 15% of the plant’s generating capacity
Public Service Commission: NorthWestern tried to evade scrutiny Colstrip Power Plant (Photo by Darrell Ehrlick of the Daily Montanan) Public Service Commission leadership is calling on the Federal Energy Regulatory Commission to investigate NorthWestern
NorthWestern says PSC can’t regulate new Colstrip shares NorthWestern Energy said a portion of the new Colstrip shares it will acquire on Jan 1, 2026, will be transferred to a new subsidiary — one the utility said is not under the authority of the Public Service Commission
NorthWesterns investment in Colstrip plant could be costly for . . . In January 2026, the monopoly utility, the largest in Montana, will increase its ownership of the electricity generation facility in Colstrip from 15% to 55%, but Binz said the increase comes with significant risk and high potential costs for customers
A Montana Utility’s Coal Addiction Costs Ratepayers Millions Instead, NorthWestern is doubling down on coal Fighting the energy transition In 2008, NorthWestern won a deal from Montana’s Public Service Commission that let it charge customers an inflated price for energy from Colstrip through 2042