PPL Montana Agreement to Sell Hydroelectric Facilities Wins Regulatory Approval
Submitted by aburr on Wed, 2014-09-10 12:41PPL Montana has agreed to sell its hydroelectric facilities to NorthWestern Energy. Montana Public Service Commission voted to prepare an order approving NorthWestern Energy's request to purchase the facilities. The agreement includes PPL Montana's 11 hydroelectric power plants, which have a combined generating capacity of more than 630 MW, as well as the company's Hebgen Lake reservoir. PPL Montana and NorthWestern have secured required approvals from FERC, as well as the necessary clearance from the antitrust enforcement agencies.