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Black Hills Corp. Completes 2024 Equity Issuances

Aug 19, 2024

Contract Type

partnership

Rapid CityManufacturingEnergyOil And GasRenewable EnergyBiomass Energy

Description

Black Hills Corp completed a block equity trade to satisfy its equity needs for 2024, receiving net proceeds of $181.6 million and a total issuance of 3.3 million shares. The funds are being used to finance growth initiatives and other safety and integrity investments.

Company Information

Company

Black Hills Corporation

Location

7001 Mt Rushmore Rd

Rapid City, South Dakota, United States

About

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. The company is known for its commitment to serving communities and maintaining environmental stewardship. Black Hills aims to provide safe and reliable energy services.

Related People

John
Senior decision-maker at this company
••••••••@••••••••

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Predictive Intelligence
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ML-powered predictions for Black Hills Corporation's next move

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Agreement Insights

What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

Black Hills Corporation signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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