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Black Hills to put $800 million on G&T in its states; eyes some options for growth

机译:Black Hills将向其州的G&T投入8亿美元;着眼于增长的一些选择

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Black Hills, in the throes of meshing five utilities acquired from Aquila into its operations and flush from the July sale of seven independent power plants for $840 million, told analysts last week it plans to invest $800 million through 2011 on generation and transmission in seven states from Montana to Kansas, "We are in excellent financial shape and utilities have predictable cash flows and earnings," David Emery, chairman, president and CEO of the Rapid City, South Dakota-based company said during a conference call. Black Hills had a $3.87-$3.92/share, or $756 million, net gain on sale of the seven plants, he said. Setting the table for reporting third-quarter earnings results in November, the company wanted analysts to understand its strategy since expansion with the Aquila assets and the plant sale and its strategy for the future. The company also is eying acquisition of rural utilities, because it says it has expertise in this area and understands small utilities.
机译:布莱克希尔斯(Black Hills)陷入了困境,他们正从Aquila收购的五家公用事业公司并入运营,并从7月以8.4亿美元出售7家独立电厂的交易中获益。BlackHills上周告诉分析师,它计划在2011年之前投资8亿美元,在七个州进行发电和输电从蒙大拿州到堪萨斯州,这家位于南达科他州的Rapid City的董事长,总裁兼首席执行官戴维·埃默里(David Emery)在电话会议上说:“我们的财务状况良好,公用事业拥有可预测的现金流量和收益。”他说,Black Hills在出售这七家工厂中的净收益为3.87美元至3.92美元,即7.56亿美元。该公司设定了11月报告第三季度收益结果的表格,希望分析人员了解自从Aquila资产和工厂出售以及未来的战略扩张以来的战略。该公司还打算收购农村公用事业公司,因为它表示自己在这一领域具有专业知识,并且了解小型公用事业公司。

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