NorthWestern Energy facts for kids
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| Public | |
| Traded as | NASDAQ: NWE S&P 400 Component |
| Industry | Utilities |
| Founded | November 27, 1923 (as Northwestern Public Service Company) |
| Founder | Albert Emanuel |
| Headquarters |
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United States
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Area served
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Eastern South Dakota, Western Montana |
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Key people
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E. Linn Draper Jr. (chairman) Robert C. Rowe (president and CEO) |
| Products | utility operations consist of regulated electric and natural gas distribution, transmission and energy supply. In addition, they are pursuing electric transmission and generation opportunities. |
| Services | Conventional electricity Natural gas |
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Number of employees
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1,600 |
NorthWestern Energy Group, Inc. is a company that provides important services like electricity and natural gas. It helps homes and businesses in parts of South Dakota, Nebraska, and Montana. The company's main office is in Sioux Falls, South Dakota.
In 2019, NorthWestern Energy served about 718,000 customers. This means a lot of people relied on them for their energy needs. While the main company office is in Sioux Falls, the operations for South Dakota have their own headquarters in Huron, South Dakota. This Huron office used to be the main office for an older company called NorthWestern Public Service Company.
How NorthWestern Energy Started
NorthWestern Energy has a long history. It was first started on November 27, 1923. Back then, it was known as the Northwestern Public Service Company. The company's goal was to provide essential services to communities.
Growing in Montana
Around the year 2000, NorthWestern Energy grew bigger by taking over the operations in Montana. These operations used to belong to a company called the Montana Power Company. This change happened after Montana passed new laws about how electricity companies could work.
Buying Dams
In 2014, NorthWestern Energy made a big purchase. They bought several dams for $900 million. These dams were originally part of the Montana Power Company. Dams are important because they can be used to generate electricity from water power. This helps NorthWestern Energy provide more energy to its customers.
