NorthWestern Energy Seeks Additional Renewable Energy Supply in Montana
August 17 2009 - 3:13PM
PR Newswire (US)
BUTTE, Mont., Aug. 17 /PRNewswire-FirstCall/ -- NorthWestern
Corporation d/b/a NorthWestern Energy (NYSE:NWE) already has one of
the highest percentages of total renewable energy supply of any
utility in the Northwest and it is now looking to add even more to
its electric generation portfolio. The company has issued a Request
for Information (RFI) to owners or developers of potential projects
that meet state standards for renewable energy and/or projects that
meet the requirements for Community Renewable Energy Projects
(CREP). The company is seeking to add 25-75 megawatts of renewable
electric generation to its portfolio. Responses are due by the end
of September. "We're looking for innovative, cost-effective
renewable projects that we can add to our growing portfolio of
rate-based electricity resources," said Dave Gates, Vice President
- Wholesale Operations. "In addition to further diversifying our
portfolio, the addition of renewable resources favorably positions
the utility given pending climate change legislation." According to
John Hines, Chief Energy Supply Officer, the RFI is open to all
qualified renewable energy resources ranging from wind and biomass
to landfill gas and hydrogen and everything in between. While the
company prefers to purchase the projects outright, it will consider
other options to include equity interests in larger projects and
long-term power purchase agreements. It will only consider projects
that deliver both renewable energy and the associated renewable
energy credits. The RFI is available on the company's website
http://www.northwesternenergy.com/ as well as that of its
consultant Lands Energy Consulting http://www.landsenergy.com/.
Responses to the RFI are due by September 30. Any inquiries or
correspondence regarding this RFI should be directed to Lands
Energy Consulting: Tim Castille or Steve Lewis 360-885-4567
206-726-3695 About NorthWestern Energy NorthWestern Energy provides
electricity and natural gas in the Upper Midwest and Northwest,
serving approximately 656,000 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 Energy CONTACT: Media, Claudia Rapkoch,
1-866-622-8081, , or Investor Relations, Dan Rausch,
+1-605-978-2902, , both of NorthWestern Energy Web Site:
http://www.northwesternenergy.com/ http://www.landsenergy.com/
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