NorthWestern Energy Management to Meet with KeyBanc

NorthWestern Energy management will meet with KeyBanc on September 3 in Cleveland/Cincinnati Ohio.

Northwestern Energy Group, Inc. (NASDAQ: NWE) will meet with KeyBanc on September 3 in Cleveland/Cincinnati, Ohio. This meeting is part of the ongoing investigation by the M&A Class Action Firm, which has raised concerns about the fairness of the proposed transaction between NorthWestern and Black Hills Corp. [1]

The M&A Class Action Firm, led by Juan Monteverde, has a track record of recovering millions of dollars for shareholders and is recognized as a top 50 firm in the 2024 ISS Securities Class Action Services Report. The firm is investigating the sale of NorthWestern Energy Group, Inc. to Black Hills Corp., where shareholders will receive 0.98 shares of Black Hills for each share of NorthWestern. Upon completion, NorthWestern shareholders will own approximately 44% of the combined company. The investigation aims to determine if the deal is fair for shareholders. [1]

Additionally, Northwestern Mutual Wealth Management Co. recently increased its stake in Energy Transfer LP (NYSE: ET) by 17.9%, owning a total of 257,618 shares worth approximately $4.79 million. Energy Transfer reported $0.32 earnings per share for the last quarter, matching analysts' expectations but experiencing a 7.2% decline in revenue compared to the previous year. The company declared a quarterly dividend of $0.33 per share, maintaining a yield of 7.5% despite a payout ratio of 102.33%. [2]

Institutional investors and hedge funds have also shown interest in Energy Transfer, with several firms increasing their stakes in the first quarter. Strong Tower Advisory Services, Prevail Innovative Wealth Advisors LLC, Jefferies Financial Group Inc., Commerce Bank, and Alps Advisors Inc. are among the notable investors who have recently added to their positions in Energy Transfer. [2]

Energy Transfer LP provides energy-related services, owning and operating natural gas transportation pipelines and storage facilities in Texas and Oklahoma. The company also sells natural gas to various customers, including electric utilities, independent power plants, local distribution companies, and industrial end-users. [2]

The meeting with KeyBanc on September 3 is expected to provide further insights into NorthWestern Energy's strategic direction and the proposed transaction with Black Hills Corp. Investors should closely monitor the developments and the ongoing investigation to make informed decisions.

References:
[1] https://www.morningstar.com/news/pr-newswire/20250827dc60647/hareholder-alert-the-ma-class-action-firm-announces-an-investigation-of-northwestern-energy-group-inc-nasdaq-nwe
[2] https://www.marketbeat.com/instant-alerts/filing-energy-transfer-lp-et-shares-bought-by-northwestern-mutual-wealth-management-co-2025-08-28/