MDU Resources Group, Inc. acquires 49% stake in the Badger Wind Farm
Type: Acquisition · Technology: Onshore Wind, Other · Country: United States · Capacity: 122.5 MW · Value: $294M · Announced: 2025-02-14
MDU Resources' subsidiary Montana-Dakota Utilities Co. signed a purchase agreement to acquire a 49% ownership interest (122.5 MW) in the 250 MW Badger Wind Farm near Wishek, North Dakota, for an estimated $294 million, contingent on North Dakota Public Service Commission approval.
Counterparties
- MDU Resources Group, Inc (Buyer)
- Montana-Dakota Utilities Co (Buyer)
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