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Black Hills shares rise over 7% on Google power supply contract

The Motley Fool +1 ·

NWE
NWE NorthWestern Energy Group Inc
$73.97 +7.33%
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  1. 1Black Hills signed a contract with Alphabet's Google to supply 2.7 gigawatts of power to data centers by 2048.
  2. 2Black Hills plans to invest $1.8 billion for asset construction from 2026 to 2029.
  3. 3NorthWestern Energy Group shares rose more than 7% on Wednesday.

So what's the key point?

Black Hills signed a contract to supply electricity to Google. Following this news, NorthWestern Energy Group's stock price rose by more than 7%.

Source The Motley Fool +1 · View original ↗

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