Summary
Black Hills Corporation (BHC) is a vertically-integrated energy company. It generates, transmits and distributes electricity to customers in South Dakota, Wyoming, Colorado and Montana. The company distributes natural gas in Arkansas, Nebraska, Iowa, Colorado, Wyoming and Kansas. BHC’s non-regulated energy operations include the exploration, development and production of crude oil and natural gas in the Rocky Mountain region; acquisition, development and operation of non-regulated power plants; and surface mining, processing and selling of low-sulfur sub-bituminous coal. BHC is headquartered in Rapid City, South Dakota, the US.
Black Hills Corporation (BKH) - Power - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.
GlobalData derived the data presented in this report from proprietary in-house Power eTrack deals database, and primary and secondary research.
Scope
- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.
Reasons to Buy
Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.
Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.
Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.
Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.
Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.
Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.
Note*: Some sections may be missing if data is unavailable for the company.
Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Black Hills Corporation, Power, Deals By Year, 2011 to YTD 2017 6
Black Hills Corporation, Power Deals By Type, 2011 to YTD 2017 7
Black Hills Corporation, Power, Deals By Region, 2011 to YTD 2017 8
Black Hills Corporation, Power, Deals By Sector, 2011 to YTD 2017 9
Black Hills Corporation, Power, Deals Summary, 2011 to YTD 2017 10
Black Hills Corporation, Power, Deal Details 12
Asset Purchase 12
Black Hills Energy Acquires Peak View Wind Power Plant in Colorado State, US 12
Black Hills Energy And AltaGas Invest US$53 Million In Busch Ranch Wind Power Project In Colorado, US 12
Black Hills Power And Cheyenne Light Announces Investment Of US$237 Million In Natural Gas Fired Cheyenne Prairie Power Plant In Wyoming, US 13
Cheyenne Light Plans To Invest US$158 Million In Simple Cycle Natural Gas Fired Power Plant In Wyoming, US 13
PNE Wind Sells Belle Fourche Wind Power Project To Black Hills Power 14
Black Hills Power To Invest USD50 Million For Belle Fourche Wind Power Project In South Dakota, US 15
Black Hills Plans To Acquire 50% Stake In Busch Ranch Wind Power Project From EUI Development 15
Black Hills And Cheyenne Light Fuel & Power Announce Bond Financing of USD85 Million for Cheyenne Prairie Power Generating Plant in Wyoming, US 16
Cheyenne Light Fuel & Power Announces Bond Financing of USD75 Million for Cheyenne Prairie Power Generating Plant in Wyoming, US 17
Equity Offering 17
Black Hills to Raise Up to USD200 Million in Public Offering of Shares 17
Black Hills Raises USD254.5 Million in Public Offering of Shares 18
Black Hills Raises USD299 Million in Public Offering of Equity Units 20
Black Hills Completes Public Offering Of Shares For US$131 Million 21
Debt Offering 23
Black Hills Raises USD400 Million in Public Offering of 3.15% Notes Due 2027 23
Black Hills Raises USD300 Million in Public Offering of 4.2% Notes Due 2046 24
Black Hills Raises USD300 Million in Public Offering of 3.95% Notes Due 2026 26
Black Hills Raises USD250 Million in Public Offering of 2.5% Notes Due 2019 27
Black Hills Completes Public Offering Of 4.25% Notes Due 2023 For US$525 Million 27
Asset Transactions 28
Argo Infrastructure Partners Acquires 49.9% Interest in Black Hills Colorado IPP in Pueblo, Colorado from Black Hills for USD215 million 28
City of Gillette Acquires Gas-Fired Generating Plant in Wyoming, US from Black Hills for USD22 Million 29
AltaGas Acquires 50% Interest In Busch Ranch Wind Power Project From Black Hills In Colorado, US 30
Acquisition 31
Black Hills Completes Acquisition Of SourceGas Holdings From Alinda Capital And GE Energy For US$1.89 Billion 31
Black Hills Corporation - Key Competitors 33
Key Employees 34
Locations And Subsidiaries 35
Head Office 35
Other Locations & Subsidiaries 35
Recent Developments 37
Jan 30, 2017: Black Hills announces retirement of senior vice president and chief human resources officer 37
Jan 09, 2017: Black Hills Energy Files Application for Rehearing, Reargument or Reconsideration of Rate Review Decision 38
Dec 14, 2016: Black Hills Corp. Names Robert P. Otto to Board of Directors 39
Nov 14, 2016: Microsoft announces largest wind energy purchase to date 40
Nov 02, 2016: Black Hills Corp. Reports Third Quarter 2016 Results and Updates Earnings Guidance 41
Aug 03, 2016: Black Hills Corp. Reports Second Quarter 2016 Results 44
May 03, 2016: Black Hills Corp. Reports First Quarter 2016 Results 46
Appendix 48
Methodology 48
About GlobalData 48
Contact Us 48
Disclaimer 48List of Tables
Black Hills Corporation, Power, Key Facts, 2015 1
Black Hills Corporation, Power, Deals Summary, 2011 to YTD 2017 1
Black Hills Corporation, Power, Deals By Year, 2011 to YTD 2017 6
Black Hills Corporation, Power Deals By Type, 2011 to YTD 2017 7
Black Hills Corporation, Power, Deals By Region, 2011 to YTD 2017 8
Black Hills Corporation, Deals By Sector, 2011 to YTD 2017 9
Black Hills Corporation, Power, Deals Summary, 2011 to YTD 2017 10
Black Hills Energy Acquires Peak View Wind Power Plant in Colorado State, US 12
Black Hills Energy And AltaGas Invest US$53 Million In Busch Ranch Wind Power Project In Colorado, US 12
Black Hills Power And Cheyenne Light Announces Investment Of US$237 Million In Natural Gas Fired Cheyenne Prairie Power Plant In Wyoming, US 13
Cheyenne Light Plans To Invest US$158 Million In Simple Cycle Natural Gas Fired Power Plant In Wyoming, US 13
PNE Wind Sells Belle Fourche Wind Power Project To Black Hills Power 14
Black Hills Power To Invest USD50 Million For Belle Fourche Wind Power Project In South Dakota, US 15
Black Hills Plans To Acquire 50% Stake In Busch Ranch Wind Power Project From EUI Development 15
Black Hills And Cheyenne Light Fuel & Power Announce Bond Financing of USD85 Million for Cheyenne Prairie Power Generating Plant in Wyoming, US 16
Cheyenne Light Fuel & Power Announces Bond Financing of USD75 Million for Cheyenne Prairie Power Generating Plant in Wyoming, US 17
Black Hills to Raise Up to USD200 Million in Public Offering of Shares 17
Black Hills Raises USD254.5 Million in Public Offering of Shares 18
Black Hills Raises USD299 Million in Public Offering of Equity Units 20
Black Hills Completes Public Offering Of Shares For US$131 Million 21
Black Hills Raises USD400 Million in Public Offering of 3.15% Notes Due 2027 23
Black Hills Raises USD300 Million in Public Offering of 4.2% Notes Due 2046 24
Black Hills Raises USD300 Million in Public Offering of 3.95% Notes Due 2026 26
Black Hills Raises USD250 Million in Public Offering of 2.5% Notes Due 2019 27
Black Hills Completes Public Offering Of 4.25% Notes Due 2023 For US$525 Million 27
Argo Infrastructure Partners Acquires 49.9% Interest in Black Hills Colorado IPP in Pueblo, Colorado from Black Hills for USD215 million 28
City of Gillette Acquires Gas-Fired Generating Plant in Wyoming, US from Black Hills for USD22 Million 29
AltaGas Acquires 50% Interest In Busch Ranch Wind Power Project From Black Hills In Colorado, US 30
Black Hills Completes Acquisition Of SourceGas Holdings From Alinda Capital And GE Energy For US$1.89 Billion 31
Black Hills Corporation, Key Competitors 33
Black Hills Corporation, Key Employees 34
Black Hills Corporation, Other Locations 35
Black Hills Corporation, Subsidiaries 35List of Figures
Black Hills Corporation, Power, Deals by Type, 2011 to YTD 2017 1
Black Hills Corporation, Power, Deals By Year, 2011 to YTD 2017 1
Black Hills Corporation, Power, Deals By Region, 2011 to YTD 2017 1
Black Hills Corporation, Power, Deals By Sector, 2011 to YTD 2017 1
Black Hills Corporation, Power, Deals By Year, 2011 to YTD 2017 6
Black Hills Corporation, Power, Deals by Type, 2011 to YTD 2017 7
Black Hills Corporation, Power, Deals By Region, 2011 to YTD 2017 8
Black Hills Corporation, Power, Deals by Sector, 2011 to YTD 2017 9