NWE - Judge OKs construction of NorthWestern gas power plant in Montana
2023-06-09 14:52:30 ET
NorthWestern Energy ( NASDAQ: NWE ) said Friday it will resume construction of a $250M natural gas power plant along Montana's Yellowstone River, after a state judge revived an environmental permit for the project despite concerns over emissions.
Work on the plant was stopped in April when the judge canceled its permit and said officials had failed to adequately consider the 23M tons of greenhouse gases it would emit over several decades.
The judge reversed his earlier order on Thursday, citing a new state law that eliminated a requirement for state officials to look at climate impacts from emissions.
The judge also said restoring the permit could help avoid future price increases to customers of NorthWestern ( NWE ), which had warned the construction delay would drive up the project's cost.
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Judge OKs construction of NorthWestern gas power plant in Montana