Bob Rowe

  The CEO of Northwestern energy has accepted Governor Steve Bullock’s offer to be part of a working group on the future ownership of the Colstrip coal-fired power plant.

Bullock made the invitation yesterday, the same day he announced the working group. He says he’s concerned about the future of Colstrip as there’s talk lately about two of the power plant’s out of state co-owners perhaps selling their shares or shutting parts of Colstrip down.

Northwestern CEO Bob Rowe told the Governor his company is willing to participate in the working group.

Colstrip power plant
Courtesy Montana AFI-CIO

Today Governor Steve Bullock said he wants to convene a "working group" to explore alternative ownership of most of the Colstrip coal-fired electricity plant.

Northwestern Energy

The Montana Public Service Commission earlier this month held two weeks of hearings on Northwestern Energy's proposal to pay $870-million-dollars to purchase a dozen hydroelectric dams.

Montana Politics Week In Review

Jul 18, 2014

NorthWestern Energy Dam Buyback

6/17/14: This week on "Home Ground Radio:" If second chances are rare, it's even rarer to have a chance to buy back something valuable that you sold. Montana's electricity-generating dams are for sale.  Should we buy them back? NorthWestern Energy's Bob Rowe and John Hines think so. 

Northwestern Energy

Northwestern Energy announced last fall it wants to purchase eleven hydroelectric dams from PPL Montana.
      It's now in the process of proving to regulators that the $900-million-dollar deal is in the best interest of consumers.
     Northwestern is the state's largest electricity provider.

C.E.O Bob Rowe was in Missoula today and stopped by Montana Public Radio's studio to talk with Edward O'Brien about the deal.

NorthWestern Energy continues to work on plans to purchase 11 hydroelectric dams from PPL Montana.

The approximately $900 million dollar deal will have to be approved by the state Public Service Commission.

Capitol Reporter Dan Boyce says NorthWestern updated members of the Montana Legislature on their plans.

Dan Boyce

 

NorthWestern Energy is rolling out the major phase of a seven-year, $375 million infrastructure upgrade project this year, and it has already led to an increase in some utility rates with more potentially on the way.