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Unitil to Purchase Bangor Natural Gas Company from Hope Utilities, Inc.

Release Date
TImezone
America/New_York
Source URL
https://investors.unitil.com/news-releases/news-release-details/unitil-purchase… https://investors.unitil.com/news-releases/news-release-details/unitil-purchase…
Investor News Category
Investor News Type
General
Investor News ID
18156
Teaser Text
HAMPTON, N.H., July 09, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( unitil.com ) today announced that Unitil has agreed to purchase Bangor Natural Gas Company (“Bangor”) from PHC Utilities, Inc., a subsidiary of Hope Utilities, Inc., for $70.9 million on a debt-free basis, subject to