Posts for Ticker ‘NWE’

Major Wind Project, Hot Air? (ITC, NWE)

Thinking big can be a blessing or a curse. In the case of green power generation, big ideas can be hard to translate into workable plans because we have so little experience with scaled-up projects. Well now, thanks to ITC Holdings Corp. (NYSE:ITC), we’ll get an opportunity to see what happens on a big project.

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NorthWestern Energy Gets a Power Plant (NWE)

Yesterday, Montana’s Public Service Commission approved a request from NorthWestern Energy (NYSE:NWE), the largest electricity distribution company in the state, to purchase an existing coal-fired power plant in exchange for an agreement to operate under a regulated-rate plan that the PSC has promised will lower rates in the long run. Earlier this year, NorthWestern won approval (with the blessing of environmentalists!) for a new gas-fired power plant that it would also operate under state regulation.

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