Northwestern Energy Group, Inc. · NASDAQ:NWE
Northwestern Energy — Wells Fargo Securities Energy Services Conference 2009
7 slides from Northwestern Energy's conference presentation, Dec 8, 2009
Slide 1: Wells Fargo Securities Energy Services Conference
Wells Fargo Securities Energy Services Conference December 9, 2009
Slide 2: forward-looking statement
forward-looking statement… During the course of this presentation, there will be forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often address our expected future business and financial
Slide 3: who we are
who we are… ¾ 656,000 customers » 392,000 electric » 264,000 natural gas ¾ Approximately 123,000 square miles of service territory in Montana, Nebraska and South Dakota ¾ Total generation (mostly base load coal) » MT - - 222 MW - regulated beginning 1/1/09 » SD - - 312 MW - regulated ¾ Total Assets:
Slide 4: growth project potential
growth project potential… Opportunity to double and diversify earnings as compared with our existing $1.5 billion rate base. 4
Slide 5: capex spending - next few years
capex spending - next few years… Utility Maintenance Capex is funded 100% by free cash flow. MSTI project is now slated for early 2015 and capex has been modified accordingly. Capital still shown at 100% but still evaluating partners. Additional equity not anticipated until we proceed with MSTI or o
Slide 6: Challenges for capital planning
Challenges for capital planning … ¾ Capital constraints » Focus on maintaining investment grade ratings to enable continued access to capital markets » Equity capital appears available for accretive regulated projects ¾ Balancing competing capital needs » Maintenance capex for existing business is f
Slide 7: Slide 7
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