MDU Resources Group, Inc. (NYSE:MDU) announced July 10, 2007 that it has closed the sale of its domestic independent power production business unit consisting of Centennial Power, LLC and Colorado Energy Management, LLC to Bicent Power LLC, (fka Montana Acquisition Company LLC).

Centennial Energy Resources LLC, a subsidiary of MDU Resources Group, entered into the purchase and sale agreement in April with Bicent Power, a new company formed by energy industry executive Paul Prager and Natural Gas Partners VIII, LP. Centennial Energy is the parent company of Centennial Power and Colorado Energy Management.

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