BREAKING: Black Hills purchase of SourceGas officially complete

SourceGas is now Black Hills Energy, as Black Hills today announced its successful acquisition of SourceGas, the natural gas utility serving 429,000 customers in Arkansas, Colorado, Nebraska and Wyoming. “Black Hills Energy is excited to serve our new customers with safe, reliable energy and to maintain strong local ties that benefit the communities where we live and work,” said Shirley Welte, the new vice president of operations for Black Hills Energy’s Wyoming natural gas and electric utility operations. Welte replaces Mark Stege, who was promoted to vice president of customer service for Black Hills Corp., based in Rapid City, SD. The deal reportedly totaled $1.89 billion. “We look forward to putting our company’s 130-year history of utility expertise and exceptional performance levels to good use for the more than 123,000 natural gas and electric customers we now serve in Wyoming,” said Welte, who is based in Cheyenne and has been with Black Hills Energy since 2012. She was previously a general manager for a Midwest-based utility. Beginning in March, SourceGas customers will start to see the Black Hills Energy logo alongside the SourceGas logo on their bills and the new customer website,, while the companies integrate employees and customer service systems. The Black Hills Energy logo will replace the SourceGas logo on buildings, company vehicles, employee uniforms and more. #bootstrapped #news