Black Hills Corporation

Black Hills Energy Renewable Resources Completes Acquisition of Renewable Natural Gas Production Facility in Iowa

Retrieved on: 
Thursday, February 1, 2024
Growth, Life, City, Black Hills Corporation, RNG, Acquisition, Natural gas, Renewable energy

DUBUQUE, Iowa, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its nonregulated subsidiary, Black Hills Energy Renewable Resources, completed the purchase of a renewable natural gas production facility in Dubuque, Iowa.

Key Points: 
  • DUBUQUE, Iowa, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its nonregulated subsidiary, Black Hills Energy Renewable Resources, completed the purchase of a renewable natural gas production facility in Dubuque, Iowa.
  • The acquisition of the production facility at the Dubuque Metropolitan Area Solid Waste Agency site includes onsite infrastructure and the rights to RNG production at the landfill under a long-term contract.
  • The facility currently injects RNG into the natural gas distribution system serving Dubuque, which is owned and operated by Black Hills Corp.’s regulated natural gas utility in Iowa.
  • (BHERR) is a nonregulated subsidiary of Black Hills Corporation established in 2022 to leverage the company’s expertise in developing renewable natural gas (RNG) production, interconnections and providing a pathway for RNG to access natural gas markets.

Black Hills Corp. Announces Quarterly Dividend Increase

Retrieved on: 
Friday, January 26, 2024
Natural gas, RAPID, City, Black Hills Corporation, Life, Common

RAPID CITY, S.D., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend of $0.65 per share, an increase of $0.025 per share over last quarter’s dividend.

Key Points: 
  • RAPID CITY, S.D., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend of $0.65 per share, an increase of $0.025 per share over last quarter’s dividend.
  • “This dividend increase showcases our long-standing commitment to reward shareholders with a sustainable, growing dividend,” said Linn Evans, president and CEO of Black Hills Corp. “The increase reflects the confidence we have in the future of Black Hills and our ability to deliver long-term shareholder value through dynamic economic cycles and the continuous evolution within our industry.”
    The new annualized rate represents 54 consecutive years of annual dividend increases and is the second longest track record in the electric and natural gas utility industry.
  • This dividend announcement marks 82 consecutive years that Black Hills has paid annual dividends, starting in February 1942 when its predecessor company, Black Hills Power & Light Company, was newly incorporated.
  • Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice.

PowerPlan Welcomes Lee Watkins as Chief Strategy Officer

Retrieved on: 
Tuesday, January 23, 2024
Black Hills Corporation, NextEra Energy, History, Management

ATLANTA, Jan. 23, 2024 (GLOBE NEWSWIRE) -- PowerPlan, a leading provider of financial software and solutions for the energy industry, is pleased to announce the appointment of Lee Watkins as its Chief Strategy Officer and a member of its senior leadership team.

Key Points: 
  • ATLANTA, Jan. 23, 2024 (GLOBE NEWSWIRE) -- PowerPlan, a leading provider of financial software and solutions for the energy industry, is pleased to announce the appointment of Lee Watkins as its Chief Strategy Officer and a member of its senior leadership team.
  • With a proven history in the regulated energy space, Watkins brings thirty years of extensive expertise in utility accounting and tax to PowerPlan.
  • "I am very excited to add Lee to our senior leadership team” said Joe Gomes, Chief Executive Officer at PowerPlan.
  • Prior to joining PowerPlan, Watkins held notable positions at NextEra Energy, Southern Company, and Black Hills Energy, where she led regulated accounting and tax teams.

Babcock & Wilcox and Black Hills Energy Receive State of Wyoming Grant to Develop a Low-Carbon Hydrogen Facility Using BrightLoop™ Technology

Retrieved on: 
Wednesday, January 24, 2024
Other Natural Resources, Mining, Minerals, Other Energy, Nuclear, Utilities, Natural Resources, Oil, Gas, Coal, Alternative Energy, Environment, Energy, CO2, Black Hills Corporation, Babcock & Wilcox, B&W, Hydrogen, Steam, Carbon dioxide, Engineering

The plant design intends to use B&W’s BrightLoop™ technology to produce clean energy from coal, while CO2 emissions will be sequestered, or put to beneficial use.

Key Points: 
  • The plant design intends to use B&W’s BrightLoop™ technology to produce clean energy from coal, while CO2 emissions will be sequestered, or put to beneficial use.
  • As designed, the plant will be capable of producing 15 tons of clean hydrogen per day utilizing the BrightLoop process, which is a patented chemical looping technology.
  • “We look forward to working closely with our partner, Black Hills Energy, as we complete engineering, begin construction, and move toward completion of this commercial-scale project.
  • The BrightLoop process uses a proprietary, regenerable particle and has been demonstrated to effectively separate CO2 while producing hydrogen, steam and/or syngas.

Black Hills Corp. Schedules 2023 Fourth Quarter and Full Year Earnings Release and Conference Call

Retrieved on: 
Wednesday, January 10, 2024
Natural gas, Life, City, RAPID, Conference, Black Hills Corporation, Webcast, EST

Select “News and Events,” and “Events & Presentations,” and click on “Q4 2023 Earnings Conference Call,” or access the call directly through one of the options provided below.

Key Points: 
  • Select “News and Events,” and “Events & Presentations,” and click on “Q4 2023 Earnings Conference Call,” or access the call directly through one of the options provided below.
  • To participate by phone and ask a question during the live broadcast, participants can access the event directly at https://register.vevent.com/register/BI989124d38c9046d58eff1d7e72077001 until the call is completed.
  • At the conclusion of the call, a replay of the broadcast will be available at this link and Black Hills’ investor relations website for up to one year.
  • Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice.

Black Hills Corp. Natural Gas Utility Requests Rate Review in Arkansas

Retrieved on: 
Monday, December 4, 2023
Black Hills Corporation, City, Growth, Investment, Safety, Natural gas, Life, Public utility

FAYETTEVILLE, Ark., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Arkansas natural gas utility, Black Hills Energy Arkansas, Inc., doing business as Black Hills Energy, filed a rate review application with the Arkansas Public Service Commission requesting $44.1 million in new annual revenue.

Key Points: 
  • FAYETTEVILLE, Ark., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Arkansas natural gas utility, Black Hills Energy Arkansas, Inc., doing business as Black Hills Energy, filed a rate review application with the Arkansas Public Service Commission requesting $44.1 million in new annual revenue.
  • Black Hills Energy has invested approximately $130 million in safety, system integrity and reliability for more than 7,200 miles of natural gas pipeline infrastructure in Arkansas since its last general rate filing in 2021.
  • Black Hills Energy is seeking to implement new rates in the fourth quarter of 2024.
  • Based in Rapid City, South Dakota, the company serves 1.33 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

October is Fire Prevention Month - Black Hills Energy Highlights Wildfire Mitigation Programs

Retrieved on: 
Wednesday, October 25, 2023
Black Hills Corporation, Weather, NYSE, Life, Integrity, Safety, Atmosphere, Environment, City, Risk, RAPID, Forecasting, Investment, Natural gas, Risk management

In recognition of “Fire Prevention Month” this October, the company is building awareness of its wildfire mitigation initiatives, which are designed to support the safe and reliable delivery of energy to customers and communities across its service areas.

Key Points: 
  • In recognition of “Fire Prevention Month” this October, the company is building awareness of its wildfire mitigation initiatives, which are designed to support the safe and reliable delivery of energy to customers and communities across its service areas.
  • “Safety and reliability go hand-in-hand and are top priorities at Black Hills Energy,” said Marne Jones, senior vice president of utilities.
  • “For decades, we have employed a wide variety of wildfire mitigation measures and initiatives to support the integrity of our energy delivery systems, while safeguarding our facilities and the surrounding environment.
  • These wildfire mitigation practices have helped our electric segment consistently maintain top quartile reliability.”
    Black Hills Energy manages its wildfire risk mitigation through a three-layered approach including: 1) asset programs, 2) integrity programs and 3) operational response.

Black Hills Corp. Natural Gas Utility Requests Approval of Settlement Agreement for Rate Review in Wyoming

Retrieved on: 
Tuesday, October 24, 2023
Black Hills Corporation, Weather, NYSE, Life, Carbon, City, Wyoming Public Service Commission, Investment, Hearing, Natural gas

CHEYENNE, Wyo., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy, filed a settlement agreement for approval by the Wyoming Public Service Commission for its application for new rates to recover over $140 million of investments since 2019 in its more than 6,400-mile natural gas system.

Key Points: 
  • CHEYENNE, Wyo., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy, filed a settlement agreement for approval by the Wyoming Public Service Commission for its application for new rates to recover over $140 million of investments since 2019 in its more than 6,400-mile natural gas system.
  • The agreement also approves the establishment of the Green Forward Program, a voluntary renewable natural gas environmental attribute and carbon offset pilot program.
  • Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice.
  • Based in Rapid City, South Dakota, the company serves 1.33 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

Black Hills Corp. Announces Quarterly Dividend

Retrieved on: 
Monday, October 23, 2023
Black Hills Corporation, NYSE, EDT, Life, Conference, City, Common, Webcast, RAPID, Natural gas, Rare-earth element, Online shopping

RAPID CITY, S.D., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared a quarterly dividend on the common stock at a meeting held Oct. 23, 2023. Common shareholders of record at the close of business on Nov. 17, 2023, will receive $0.625 per share, payable Dec. 1, 2023.

Key Points: 
  • Third quarter 2023 earnings call and webcast are Thursday, Nov. 2
    RAPID CITY, S.D., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared a quarterly dividend on the common stock at a meeting held Oct. 23, 2023.
  • Common shareholders of record at the close of business on Nov. 17, 2023, will receive $0.625 per share, payable Dec. 1, 2023.
  • At the conclusion of the call, a replay of the broadcast will be available at this link and Black Hills’ investor relations website for up to one year.
  • Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice.

Black Hills Corp. Schedules 2023 Third Quarter Earnings Release and Conference Call

Retrieved on: 
Tuesday, October 3, 2023
Life, RAPID, EDT, City, Natural gas, Webcast, Black Hills Corporation, Conference, NYSE, Online shopping

RAPID CITY, S.D., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2023 third quarter earnings after the market closes Wednesday, Nov. 1, 2023, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, Nov. 2, 2023, to discuss the company’s financial results.

Key Points: 
  • RAPID CITY, S.D., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2023 third quarter earnings after the market closes Wednesday, Nov. 1, 2023, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, Nov. 2, 2023, to discuss the company’s financial results.
  • Select “News and Events,” and “Events & Presentations,” and click on “Q3 2023 Earnings Conference Call,” or access the call directly through one of the options provided below.
  • At the conclusion of the call, a replay of the broadcast will be available at this link and Black Hills’ investor relations website for up to one year.
  • Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice.