All statements, other than statements of historical facts, included in this news release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward looking statements, including our future ability to attract and serve customers under enabling legislation. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995.
This news release includes "forward-looking statements" as defined by the Securities and Exchange Commission, or SEC. More information is available at and Investor RelationsĬaution Regarding Forward Looking Statement Based in Rapid City, South Dakota, the company serves 1.3 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. BKH is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice.
Attracting these large energy needs to Wyoming provides meaningful state and local benefits including additional property taxes, sales taxes, franchise fees, employment for construction and mobilization activities, and permanent management and operating positions.īlack Hills Corp. The tariff was developed to attract new large electric loads related to blockchain and other industry growth with high energy demand. The Blockchain Interruptible Service Tariff was proposed by Black Hills and approved by the Wyoming Public Service Commission in 2019. We are excited to serve this new type of customer and to explore the benefits we can provide to other flexible load customers over the longer-term." "This agreement is the culmination of Wyoming's enabling legislation, our unique customer focused Blockchain Interruptible Service Tariff, and our team's business development efforts. "We are pleased to deliver yet another innovative solution to support business and technology growth in Wyoming while benefiting other Cheyenne customers," said Linn Evans, president and CEO of Black Hills Corp. In addition, the load will be interruptible to prioritize the needs of our existing retail customers. The customer will be responsible for costs related to service under the agreement, which will also benefit other Cheyenne customers. Energy will be sourced through the electric energy market and delivered through Black Hills' electric infrastructure.