Northwest Natural Holding's (NWN) SiEnergy Operating unit agreed to acquire 100% of the capital of Epcor USA's Hughes Gas Resources for $60 million in a deal expected to close in Q2, SiEnergy and Epcor said Monday.
The assets of Hughes Gas Resources include about 6,900 metered connections and 353 miles of pipeline that serve 12 communities northeast of Houston, the companies said.
The natural gas utility is expected to have a roughly $46 million rate base at the end of the year, the companies added.
Price: 42.91, Change: -0.30, Percent Change: -0.68
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。