Black Hills Corp. Reports 2024 Fourth-Quarter and Full-Year Results and Initiates 2025 Earnings Guidance | Black Hills Service Company, LLC

Telborg · February 05, 2025 · ✓ verified

US-based Black Hills Corp. reported its 2024 financial results, highlighting a 4.3% growth in EPS to $3.91. The company increased its five-year capital forecast by 10% to $4.7 billion for 2025-2029, with $1.0 billion allocated for 2025. Significant investments include $350 million for the Ready Wyoming electric transmission expansion project and $118 million for system investments in Kansas Gas. The company also announced new annual revenues from rate reviews: $15 million for Iowa Gas, $25 million for Arkansas Gas, $20 million for Colorado Gas, and $14 million for Wyoming Gas. Black Hills Corp. continues to focus on regulatory and growth initiatives, with a strong commitment to infrastructure investment.

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