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flag Montana’s PSC now allows NorthWestern Energy’s Colstrip stake, shifting review from federal to state level.

flag Montana’s Public Service Commission reversed its opposition to NorthWestern Energy’s acquisition of a majority stake in the Colstrip coal plant, withdrawing a federal intervention and launching a state-level review instead. flag The company, which now owns 55% of the plant, created a subsidiary to sell excess power on the wholesale market outside state jurisdiction. flag Initially criticized as a “shell corporation” to evade regulation, the structure is now seen by the PSC as manageable under state oversight. flag Commissioners debated whether the deal benefits Montana residents or out-of-state interests, but the state review will proceed. flag NorthWestern maintains the move strengthens energy reliability and protects customers, with prior PSC approval for similar arrangements.

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