Black Hills Corp. announced the completion of a block equity trade through its ATM equity offering program, raising $219.6 million in net proceeds for a total of 3.7 million shares. The funds will be used to support a $1.0 billion capital expenditure program in 2025 and for general corporate purposes. The company’s long-term strategic plan includes growth initiatives like the Ready Wyoming electric transmission expansion project and the Lange II 99 MW generation resource. Black Hills Corp. serves 1.35 million natural gas and electric utility customers in eight states and aims to be the energy partner of choice.

Read more at GlobeNewswire.: Black Hills Corp. Completes 2025 Equity Issuances