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Black Hills Corp. Releases 2025 Corporate Sustainability Report Highlighting Continued Progress on Goals and Customer-focused Solutions

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Black Hills Corp. (NYSE:BKH) released its 2025 Corporate Sustainability Report on June 24, 2026, outlining progress on emissions, infrastructure and customer programs.

Highlights include a 43% cut in electric emissions intensity vs. 2005, a 25% natural gas emissions reduction since 2022, and about $900 million in system investments.

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Positive

  • Electric utility emissions intensity reduced by 43% compared to 2005
  • Natural gas utility emissions cut 25% since 2022, including 53% from transfer stations
  • Completed 260-mile Ready Wyoming transmission expansion project
  • Invested approximately $900 million in system improvements and maintenance
  • Delivered an estimated $1.65 billion in direct economic impact
  • Energy efficiency programs saved over 13 million kWh and 295,000 dekatherms

Negative

  • None.

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RAPID CITY, S.D., June 24, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the release of its 2025 Corporate Sustainability Report, highlighting continued progress toward emissions reduction goals, strategic infrastructure investments and innovative solutions to deliver safe, reliable and cost-effective energy across the communities it serves.

“For more than 140 years, we’ve delivered energy as a trusted partner to our customers and communities,” said Linn Evans, president and CEO of Black Hills Corp. “This year’s report reflects strong, measurable progress and our continued commitment to a balanced, forward-looking sustainability strategy.”

In 2025, the company achieved a 43% reduction in electric utility emissions intensity compared to 2005, driven by the addition of renewable and natural gas resources and the retirement of aging power plants. It also reduced natural gas utility emissions by 25% since 2022, including a 53% reduction from transfer stations, reflecting strong progress toward its net-zero by 2035 goal through expanded leak detection and repair efforts.

Additional highlights include:

  • Strengthening infrastructure: Completed the 260-mile Ready Wyoming transmission expansion project and invested approximately $900 million in system improvements and maintenance
  • Driving economic impact: Delivered an estimated $1.65 billion in direct economic impact across the communities served
  • Advancing innovation: Continued progress on carbon capture and hydrogen initiatives at the Neil Simpson Complex
  • Enhancing system resilience: Launched a Public Safety Power Shutoff (PSPS) program and expanded advanced weather monitoring capabilities
  • Empowering customers: Energy efficiency programs helped conserve more than 13 million kilowatt-hours of electricity and 295,000 dekatherms of natural gas

Looking ahead
“We’re at an exciting moment in the energy industry,” said Evans. “As demand grows and expectations evolve, we’re focused on making thoughtful investments, advancing practical innovation and continuing to deliver value for our customers and communities.”

Black Hills Corp. remains committed to building a safer, more resilient, reliable and sustainable energy future while staying grounded in its mission of improving life with energy. To learn more about the company’s progress and sustainability commitments, visit blackhillsenergy.com/sustainability to view the full 2025 Corporate Sustainability Report.

About Black Hills Corp.
Black Hills Corp. (NYSE: BKH) 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 1.37 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. More information is available at www.blackhillscorp.com.

Investor Relations
Sal Diaz
605-399-5079
Investorrelations@blackhillscorp.com

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FAQ

What are the key highlights of Black Hills Corp. (NYSE:BKH) 2025 Corporate Sustainability Report?

The 2025 report highlights emissions reductions, major infrastructure investments, innovation projects and customer savings. According to Black Hills Corp., it cut electric emissions intensity 43% versus 2005, reduced natural gas emissions 25% since 2022, and invested about $900 million in system improvements and maintenance.

How much did Black Hills Corp. reduce electric emissions intensity by 2025 (BKH)?

Black Hills Corp. reports a 43% reduction in electric utility emissions intensity compared to 2005. According to Black Hills Corp., this change stems from adding renewable and natural gas resources and retiring aging power plants as part of its broader sustainability and energy transition strategy.

What natural gas emissions progress does Black Hills Corp. (BKH) report in its 2025 sustainability update?

Black Hills Corp. reports a 25% reduction in natural gas utility emissions since 2022. According to Black Hills Corp., this includes a 53% cut from transfer stations, supported by expanded leak detection and repair efforts aimed at advancing its net-zero by 2035 natural gas emissions goal.

What infrastructure investments did Black Hills Corp. (NYSE:BKH) make in 2025?

Black Hills Corp. completed the 260-mile Ready Wyoming transmission expansion and invested about $900 million in its systems. According to Black Hills Corp., these investments focused on infrastructure improvements and maintenance to support safe, reliable and cost-effective energy delivery for its service communities.

What economic impact did Black Hills Corp. (BKH) report from its 2025 activities?

Black Hills Corp. cites an estimated $1.65 billion in direct economic impact across its service communities. According to Black Hills Corp., this figure reflects spending, investments and operations that contribute to local economies while supporting its long-term energy and sustainability commitments.

How did Black Hills Corp. (NYSE:BKH) support customer energy efficiency in 2025?

Black Hills Corp. reports that its efficiency programs conserved over 13 million kWh and 295,000 dekatherms. According to Black Hills Corp., these customer-focused initiatives helped reduce energy use and support affordability while aligning with its broader emissions reduction and sustainability goals.