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On the Record · Northwestern

Northwestern acquisitions, on the record

The businesses Northwestern bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Hebgen, Madison, Hauser, Holter, Black Eagle, Rainbow, Cochrane, Ryan, and Morony facilities and the Thompson Falls facility
Word for word“We acquired these facilities from Talen in November 2014.” 10-K for 2020
acquisitionNovember 2014—
Beethoven wind project
Word for word“The plant acquisition adjustment balance above includes our Beethoven wind project acquired in 2015, our hydro generating assets acquired in 2014, and the inclusion of our interest in Colstrip Unit 4 in rate base in 2009.” 10-K for 2020
acquisition2015—
gas production and gathering system assets
Word for word“Since 2010, we have acquired gas production and gathering system assets as a part of an overall strategy to provide rate stability and customer value: as we own these assets, which are regulated, our customers are protected from potential price spikes in the market.” 10-K for 2020
acquisitionSince 2010—
Hebgen, Madison, Hauser, Holter, Black Eagle, Rainbow, Cochrane, Ryan, and Morony facilities on the Missouri and Madison Rivers and the Thompson Falls facility on the Clark Fork River
Word for word“We acquired these facilities from Talen in November 2014.” 10-K for 2021
acquisitionNovember 2014—
Colstrip Unit 4, DGGS, hydroelectric and Spion Kop electric generation resources
Word for word“Before we added Colstrip Unit 4, DGGS, hydroelectric and Spion Kop electric generation resources to our electric generation supply portfolio, we received a determination from the MPSC that these acquisitions were in the public interest and approval for cost recovery, subject to a prudence review.” 10-K for 2021
acquisition——
Avista's 15 percent interest in each of Units 3 and 4 at the Colstrip Generating Station
Word for word“Acquisition of Colstrip Interest - On January 16, 2023, we entered into a definitive agreement (the Avista Agreement) with Avista Corporation (Avista) to acquire Avista's 15 percent interest in each of Units 3 and 4 at the Colstrip Generating Station, a coal-fired, base-load electric generation facility located in Colstrip, Montana.” 10-K for 2022
agreed acquisitionOn January 16, 2023—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2016-12-31$0
2017-12-31$0
2018-12-31$18.5 million
2019-12-31$0
2020-12-31$0

Deal filings since 2016

Read from Northwestern’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.