UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 2, 2009
NorthWestern Corporation
(Exact name of registrant as specified in its charter)
Delaware | 1-10499 | 46-0172280 | |||
3010 W. 69th Street |
| 57108 | |||
| (605) 978-2900 (Registrant’s telephone number, including area code) |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. | Entry Into a Material Definitive Agreement. |
On July 2, 2009, the Company and Pratt & Whitney Power Systems, Inc. (“Pratt & Whitney”) entered into a gas turbine generator purchase order with respect to the purchase of three gas turbines for the Company’s new 200-megawatt Mill Creek Generating Station, which is currently under construction near Anaconda, Montana. The purchase price for the turbines, and related services and warranties, is approximately $82 million. The Company may extend the services and warranties for additional payments. The terms of the purchase order call for the gas turbines to be delivered in 2010. The agreement contains delivery schedules and performance guarantees, along with provisions for liquidated damages if those guarantees are not met by Pratt & Whitney. The Company may terminate the purchase order at any time for convenience; upon such termination, the Company would be obligated to pay agreed cancellation fees to Pratt & Whitney.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| NORTHWESTERN CORPORATION |
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| By: | /s/ Miggie E. Cramblit |
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| Miggie E. Cramblit |
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| Vice President, General Counsel |
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Date: July 9, 2009