Regulators approve $900 million dam purchase

Published September 4, 2014 10:47pm ET



HELENA, Mont. (AP) — The Montana Public Service Commission approved NorthWestern Energy’s $900 million plan Thursday to buy 11 hydroelectric dams and charge the cost to its electricity customers.

The commission voted 4-1 to approve the deal after nine months of review, which included public meetings and a two-week hearing in July.

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