MDU Resources Announces Plans to Invest in Badger Wind Farm
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MDU Resources Group, Inc. announced that its subsidiary, Montana-Dakota Utilities Co., will acquire a 49% ownership interest in the Badger Wind Farm.
February 14, 2025 | 9:45 pm
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MDU Resources Group's subsidiary, Montana-Dakota Utilities Co., is acquiring a 49% stake in the Badger Wind Farm, indicating a strategic move towards expanding its renewable energy assets.
The acquisition of a significant stake in a wind farm suggests MDU Resources is expanding its renewable energy portfolio, which could positively impact its stock price as investors may view this as a strategic growth move.
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