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NorthWestern Energy to merge with Black Hills soon

PUBLIC · NWEOct 08, 2026

Acquiring Company

NorthWestern Energy Group

Acquired Company

Black Hills Corporation

MontanaRapid CityEnergyOil And GasRenewable EnergyBiomass EnergyEnergyOil And GasRenewable EnergyBiomass Energy

Description

NorthWestern Energy Group and Black Hills have announced their boards have approved a definitive agreement to merge. The merger is expected to close by the end of this year following shareholder approval. This union will create a larger entity to better serve their customer bases in electric and natural gas utilities. The deal aims to enhance operational efficiency and expand energy solutions.

Company Information

Company

NorthWestern Energy Group

Location

Montana, United States

About

NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) is a company participating in the energy sector, with a focus on expanding regional transmission projects.

Fundz sees it the moment NorthWestern Energy Group makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Black Hills Corporation?

Black Hills Corporation was acquired by NorthWestern Energy Group, based in Montana. The deal was reported on October 8, 2026. NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) is a company participating in the energy sector, with a focus on expanding regional transmission projects. NorthWestern Energy Group is publicly traded (NWE) and operates in Energy.

When did NorthWestern Energy Group acquire Black Hills Corporation?

NorthWestern Energy Group's acquisition of Black Hills Corporation was reported on October 8, 2026. NorthWestern Energy Group and Black Hills have announced their boards have approved a definitive agreement to merge. The merger is expected to close by the end of this year following shareholder approval. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Black Hills Corporation do?

Black Hills Corporation is a diversified energy company that provides electricity and natural gas to customers in multiple states. It also operates in the renewable energy sector. It is publicly traded (BKH), operating in Energy, and is based in Rapid City.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.