Data Center ExpansionThe recent announcement of a 50MW data center opportunity beginning in 2027, which could grow to 250MW or more by 2029, provides ~$0.15 of EPS to start, with additional positive knock on effects.
Growth OpportunitiesGrowth visibility is improving with letters of intent from Altus Power and Sabey, which could lead to contracts and require new resources, enhancing potential growth.
Regulatory EnvironmentThe regulatory environment in Montana is improving with multi-party settlements in rate cases, and legislative changes reducing wildfire-related liabilities, which de-risks the company.