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Northwestern Energy Group Inc   (NWE)
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    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

Northwestern Energy Group Inc

Business Description


Northwestern Corp is a publicly-traded energy company based in Sioux Falls, South Dakota. The company was founded in 1923 as NorthWestern Public Service Company, and was later known as Northwestern Energy before ultimately becoming Northwestern Corp. The company provides electricity and natural gas to customers in Montana, South Dakota, and Nebraska.

Northwestern Corp*s electricity division consists of three subsidiaries: NorthWestern Energy, a regulated utility that provides electricity and natural gas to over 750,000 customers; Axeon Solar, a solar energy developer; and NorthWestern Energy Services, which provides energy efficiency consulting and equipment services to commercial and industrial customers.

The company*s natural gas division is made up of two regulated utilities: NorthWestern Energy and Montana-Dakota Utilities, which serves customers in Montana, North Dakota, South Dakota, and Wyoming. The natural gas division also includes DC Holdings, which owns and operates natural gas storage facilities in Montana and Wyoming.

Northwestern Corp*s mission is to provide safe, reliable, and affordable energy solutions to its customers, while also being a responsible and environmentally conscious corporate citizen. The company has made significant investments in renewable energy in recent years, including the development of utility-scale wind and solar projects.

In terms of financials, Northwestern Corp had a revenue of $1.29 billion in 2020, with a net income of $171.7 million. The company has a market capitalization of approximately $4.4 billion and is listed on the New York Stock Exchange under the ticker symbol NWE. The company*s executive leadership includes President and CEO Bob Rowe, Executive Vice President and CFO Brian Bird, and Executive Vice President and General Counsel Heather Grahame.



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