Black Hills Corporation
Energy for the West
We are a diversified energy company. Retail operations include Black
Hills Power, an electric utility and our founding business, providing service
to the Black Hills region and also selling surplus power in wholesale markets;
and Cheyenne Light, Fuel & Power, a Wyoming electric and gas distribution
company. Black Hills Energy, our wholesale subsidiary, produces natural gas
and oil, mines coal, markets energy and generates electricity.

IPP Announcement 04/30/08 Investor Presentation
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