Black Hills Corp.

About Black Hills Corp.

Black Hills Corp. is a customer-focused, growth-oriented utility company based in Rapid City, South Dakota. With a tradition of improving life with energy, their vision is to be the energy partner of choice. They serve 1.35 million natural gas and electric utility customers across eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.

Products & Services

Natural Gas Utility Services:Providing natural gas services to customers in multiple states.

Specialties

Natural Gas Distribution Electric Utility Services Customer-focused Energy Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Equity Issuance T: - FT: Equity Issuance	A: 219600000 MR: - FA: $219.6 million FAN: 219600000	D: 2025-09-26 FD: 2025-09-26	-
2	RT: Debt T: - FT: Debt	A: 450000000 MR: - FA: $450 million FAN: 450000000	D: 2025-09-25 FD: 2025-09-25	2 investors
3	RT: Equity Issuance T: - FT: Equity Issuance	A: 181600000 MR: - FA: 181.6 million FAN: 181600000	D: 2024-08-19 FD: 2024-08-19	-
4	RT: Debt T: - FT: Debt	A: 450000000 MR: - FA: $450 million FAN: 450000000	D: 2024-05-13 FD: 2024-05-13	2 investors
5	RT: Debt T: - FT: Debt	A: 350000000 MR: - FA: $350 million FAN: 350000000	D: 2023-03-02 FD: 2023-03-02	2 investors

Equity Issuance Latest

2025-09-26

$219.6M

Debt 2025-09-25

$450.0M

Equity Issuance 2024-08-19

$181.6M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

L

Linden R. Evans

President and Chief Executive Officer

K

Kimberly Nooney

Senior Vice President and Chief Financial Officer

M

Marne Jones

Senior Vice President and Chief Utility Officer

S

Sarah Wiltse

Senior Vice President and Chief Human Resources Officer

S

Sal Diaz

Director of Investor Relations

D

Dave Soderquist

Investor Relations Manager

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Recent News

Black Hills Corp. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised