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BKHU - Black Hills News Story

$63.72 -1.7  -2.6%

Sector
Utilities
Size
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 6851

BRIEF-Black Hills Says Due To Cold Temperatures Across Central U.S. Its Natural Gas Costs Were About $600 Mln Higher Than Forecast

Thu 25th February, 2021 11:56am
Feb 25 (Reuters) - Black Hills Corp  BKH.N :
    * BLACK HILLS - DUE TO HISTORIC COLD TEMPERATURES ACROSS
CENTRAL
U.S. OUR NATURAL GAS COSTS WERE ABOUT $600 MILLION HIGHER THAN
FORECAST BASE LOAD FOR FEB
    * BLACK HILLS CORP - TO ENSURE WE MAINTAIN ADEQUATE
LIQUIDITY, ON
FEBRUARY 24, CO ENTERED INTO A CREDIT AGREEMENT
    * BLACK HILLS CORP - CREDIT AGREEMENT PROVIDES $800 MILLION
UNSECURED TERM LOAN, MATURING ON NOVEMBER 23, 2021
    * BLACK HILLS CORP - AS OF FEBRUARY 24, 2021, HAD $1.3
BILLION OF
LIQUIDITY
    * BLACK HILLS CORP - ENGAGED WITH REGULATORS TO IDENTIFY
APPROPRIATE RECOVERY PERIODS OVER WHICH TO RECOVER COSTS
ASSOCIATED WITH WINTER EVENT

Source text for Eikon: [https://bit.ly/3slv9PS]
Further company coverage:  BKH.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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