NorthWestern Corporation establishes $200 million at-the-market equity program

Client(s) NorthWestern Corporation

Jones Day represented NorthWestern Corporation in connection with the establishment of an at-the-market equity program for the sale of up to $200 million of its shares of Common Stock. Issuances and sales under the program may be made from time to time on an immediate basis through the sales agents. In addition to, or in lieu of, the issuance and sale of Common Stock by the Company through the applicable sales agent, the Company may also enter into forward sale agreements with affiliates of one or more of the sales agents.

NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to approximately 743,000 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park.