NYSE:BKHIntegrated Utilities
Black Hills Weighs Merger And Data Center Growth Against Valuation Signals
Black Hills Corp (NYSE:BKH) is in the discovery phase of a potential merger with NorthWestern Energy, with regulatory approvals still pending.
The company is also accelerating its data center pipeline to more than 3 gigawatts, with interest from major technology firms including Meta and Microsoft.
These developments could reshape how Black Hills allocates capital between traditional utility operations and power demand from large scale tech clients.
Black Hills, trading at $72.3, has seen a...