Question · Q4 2025
Rex Savage from Clear Street LLC inquired about potential concerns regarding the delay in South Dakota's merger regulatory review and whether the Montana review timeline is at risk due to interveners claiming the application is incomplete. He also asked about the connection between the Montana IRP process and the merger review timeline.
Answer
CFO Crystal Lail stated no concerns about the South Dakota delay, explaining it's an extension to the procedural schedule for a 6-month statute, and expects it to still be ahead of Montana. She described the Montana review as progressing normally, with intervenor concerns being typical and not indicative of timeline issues. President and CEO Brian Bird confirmed that the IRP is out and he anticipates no connection between the IRP and the merger process.
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