Black Hills $100 Million Equity Issuance

Davis Polk advised the underwriter in connection with a $100 million SEC-registered underwritten primary block trade of 1,222,942 common shares of Black Hills Corporation. The common shares are listed on the New York Stock Exchange under the symbol “BKH.”

Black Hills is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.27 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

The Davis Polk corporate team included partner Derek Dostal and associates Jacqueline Marino, Meaghan Kennedy and Yushen Liu. All members of the Davis Polk team are based in the New York office.