MDU's Investment in Wind Farm Deemed Prudent and Cost-Effective for Customers [Yahoo! Finance]
MDU Resources Group, Inc. (Holding Company) (MDU)
Last mdu resources group, inc. (holding company) earnings: 7/30 04:25 pm
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Source: Yahoo! Finance
Utilities Co. (MDU), was granted an Advanced Determination of Prudence (ADP) and Certificate of Public Convenience and Necessity (CPCN) by the North Dakota Public Service Commission (NDPSC) for MDU's planned acquisition of a 49% ownership interest in the Badger Wind Farm. MDU Resources logo "Securing the ADP approval and CPCN from the NDPSC is a pivotal milestone in bringing cost-effective energy to our customers," said Nicole Kivisto, president and CEO of MDU Resources. "It validates our strategic investment in the Badger Wind Farm not only from a regulatory standpoint, but also in terms of long-term value." The Badger Wind project is currently under construction near Wishek, North Dakota, and is anticipated to be complete near the end of 2025. As previously announced, the estimated investment for the project is approximately $294 million for a 122.5 MW stake in the net 250 MW wind project. The ADP issued by the NDPSC affirms that the Badger Wind project is prudent up to an inv
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MDU
Earnings
- 11/6/25 - Beat
MDU
Sec Filings
- 12/5/25 - Form 8-K
- 12/5/25 - Form 424B5
- 12/3/25 - Form 424B5
- MDU's page on the SEC website