HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » Montana (Group) » Four Colstrip utilities s...

Sun May 9, 2021, 02:18 AM

Four Colstrip utilities sue NorthWestern, Talen

NorthWestern Energy believes a unanimous vote among owners is needed in order to close Colstrip, according to a lawsuit filed May 4.

But four other utilities that are plaintiffs in the lawsuit argue the parties can close one of the electric generation units in Colstrip or both of them with 55 percent of the ownership vote.

That disagreement is being arbitrated, and a bill signed into law by Gov. Greg Gianforte retroactively effective to Jan. 1 tries to mandate negotiations take place in Montana.

The complaint alleges that requirement in Senate Bill 265 is contrary to a longstanding agreement among all the owners of the Colstrip plants about how and where arguments get settled, so the dispute has landed in U.S. District Court in Billings.

Read more: https://dailymontanan.com/2021/05/07/four-colstrip-utilities-sue-northwestern-talen/

0 replies, 293 views

Reply to this thread

Back to top Alert abuse

Reply to this thread