NorthWestern Energy’s Income Nearly Quadruples

By Beacon Staff

SIOUX FALLS, S.D. – NorthWestern Energy has reported second-quarter earnings nearly four times as much as same time a year ago.

North Western recorded $9.5 million in net income, compared with $2.4 million from April through June of 2007.

The per-share income was 24 cents, compared with 6 cents a year ago.

Mike Hanson, NorthWestern president and CEO, says the company benefited from an increased number of customers and colder weather. He says the company is well-poised to move forward on generation and additional transmission projects.

NorthWestern’s stock closed up 52 cents at $24.77 on Thursday.