Reports Q4 revenue $534M vs. $535.5M last year. “2025 was a transformative year for our company,” said Nicole Kivisto, CEO. “In our first full year operating as a pure-play business, I am extremely proud of the team’s performance. We deployed $792M of capital that advanced key projects, including the 49% ownership acquisition of Badger Wind Farm, we made meaningful progress on regulatory initiatives, particularly within our natural gas distribution segment, and we delivered strong results in our pipeline segment, driven by new projects and strong short-term firm capacity demand.”
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