MPSC Gives Nod of Approval to NorthWestern's Mill Creek Generating Station
05 5월 2009 - 9:33AM
PR Newswire (US)
SIOUX FALLS, S.D., May 4 /PRNewswire-FirstCall/ -- The Montana
Public Service Commission (MPSC) voted four to one today in favor
of NorthWestern Energy's application for approval to construct the
Mill Creek Generating Station (MCGS) near Anaconda, Montana. A
final order on the request is expected by May 22. After
considerable discussion on the proposed construction costs of the
plant, the MPSC commissioners also voted unanimously that the $81
million for the turbines were prudent. The commission will
determine the prudency of the other MCGS costs at a later time.
Among other actions, the commissioners approved the plant's return
on equity at 10.25 percent and debt at 6.5 percent with a 50/50
capital structure and accepted the plant's carbon offset plan as
filed. About NorthWestern Energy NorthWestern Energy is one of the
largest providers of electricity and natural gas in the Upper
Midwest and Northwest, serving approximately 650,000 customers in
Montana, South Dakota and Nebraska. More information on
NorthWestern Energy is available on the Company's Web site at
http://www.northwesternenergy.com/. DATASOURCE: NorthWestern
Corporation CONTACT: Media, Claudia Rapkoch, 1-866-622-8081, , or
Investor Relations, Dan Rausch, +1-605-978-2902, , both of
NorthWestern Corporation Web Site:
http://www.northwesternenergy.com/
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