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Last updated on April 18, 2014 at 1:21 EDT

Latest Colstrip, Montana Stories

2013-09-26 16:23:51

Includes more than 630 megawatts of generating capacity ALLENTOWN, Pa., Sept. 26, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced Thursday (9/26) that its PPL Montana, LLC subsidiary has reached an agreement to sell its hydroelectric facilities to NorthWestern Energy for $900 million in cash, subject to certain adjustments. The agreement includes PPL Montana's 11 hydroelectric power plants, which have a combined generating capacity of more than 630 megawatts, as well as...

2013-07-16 00:20:15

BUTTE, Mont., July 15, 2013 /PRNewswire/ -- On July 1st, Colstrip Unit 4, a 740MW net generation unit in which NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) owns a 30% share (222 megawatts (MW)), tripped off-line. Upon initial inspection, damage to the stator/rotor assembly was evident, consistent with a ground fault. PPL Montana (PPL), the operator of Colstrip Unit 4, currently is developing a repair schedule. It is expected the unit will remain under repair for...

2013-07-10 16:21:38

Ceremony celebrates completion of $245 million redevelopment project GREAT FALLS, Mont., July 10, 2013 /PRNewswire/ -- PPL Montana officially dedicated a new 60-megawatt powerhouse Wednesday (7/10) at its Rainbow Dam hydroelectric facility near Great Falls. The ceremony, which drew a host of state and local officials, celebrated completion of a $245 million redevelopment project. The new facility replaces a century-old powerhouse and boosts Rainbow's generating capacity by 70...

2012-09-19 14:20:45

BILLINGS, Mont., Sept. 19, 2012 /PRNewswire/ -- The effects of pending Environmental Protection Agency regulations combined with economic factors have resulted in a decision announced Wednesday (9/19) by PPL Montana to place the J.E. Corette power plant in Billings into long-term reserve status beginning in April 2015. "Our detailed analysis has shown that to meet the emission reductions required by EPA's Mercury and Air Toxics Standards, we would need to invest $38 million in the Corette...

2011-10-18 11:55:00

ST. LOUIS, Oct. 18, 2011 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today earned the 2011 Director's Award from the U.S. Department of the Interior for outstanding achievement in land and habitat restoration at the company's former Big Sky Mine in Colstrip, Mont. Interior's highest honor, the Director's Award is presented each year to one coal producer for demonstrating the best environmental practices in the United States. The award was presented at Interior's Excellence in Surface Coal...

2009-08-18 11:30:00

BILLINGS, Mont., Aug. 18 /PRNewswire-FirstCall/ -- PPL Montana announced Tuesday (8/18) that a Montanan with 28 years of service with the generating company will become its new vice president and chief operating officer. Pete Simonich, who currently serves as manager-Generating Assets for PPL Montana, will take over his new position on Aug. 31. He is succeeding Brad Spencer, who announced his retirement earlier this year. PPL Montana is a subsidiary of PPL Corporation (NYSE: PPL). "We are...

2009-06-25 11:30:00

BILLINGS, Mont., June 25 /PRNewswire-FirstCall/ -- Brad Spencer, who has served as vice president and chief operating officer of PPL Montana for eight years, will retire September 30. "We thank Brad for his leadership, both in improving performance inside the company and in his very successful efforts in establishing PPL Montana as an important state and community partner," said William H. Spence, executive vice president and chief operating officer of PPL Corporation (NYSE: PPL). "We...

2008-11-13 21:00:14

BUTTE, Mont., Nov. 13 /PRNewswire-FirstCall/ -- NorthWestern Corporation d/b/a NorthWestern Energy announced today that the Montana Public Service Commission has made formal its approval of placing the company's ownership interest in Colstrip Unit 4 into the ratebase. Effective January 1, 2009, 222 megawatts of electricity from the coal-fired unit in southeastern Montana will be placed into rates at value of $407 million. The decision makes Colstrip Unit 4 the foundation of NorthWestern...

2008-10-13 03:00:31

By Dennison, Mike HELENA - If regulators think NorthWestern Energy's Montana customers should buy a long-term chunk of electricity from the Colstrip 4 power plant, it should be at a much lower price than that offered by the company, a consumer witness testified Friday. John Wilson, an economist hired by the Montana Consumer Counsel, said a fair price is probably closer to $250 million, instead of the $407 million proposed by NorthWestern. "They should get a fair return on their...

2008-10-07 03:00:21

By Dennison, Mike HELENA - As a high-stakes hearing opened Wednesday on how NorthWestern Energy's Montana customers might buy a share of Colstrip-generated power, regulators heard starkly different takes on the multimillion-dollar deal. The company, which is proposing the deal, and others said it's a first step toward rebuilding the utility and insulating its Montana customers from the "vagaries" of the electricity market. "I believe so doing will benefit me as a customer," said Gerald...