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NorthWestern says PSC can’t regulate new Colstrip shares

Summary by Daily Montanan
Electricity pylons (Photo by Getty Images). NorthWestern Energy said a portion of the new Colstrip shares it will acquire on Jan. 1, 2026, will be transferred to a new subsidiary — one the utility said is not under the authority of the Public Service Commission. In a recent letter to regulators, NorthWestern Energy also said the deal does not require approval by the Public Service Commission. NorthWestern sent the letter in response to questions…

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Daily Montanan broke the news in on Wednesday, November 26, 2025.
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