Unitil to Purchase Maine Natural Gas Company from Avangrid

Release Date

Tue, 04/01/2025 - 02:45

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

miscellaneous

Investor News Type

General

Investor News ID

18501

Teaser Text

HAMPTON, N.H., April 01, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( unitil.com ) today announced that it has entered into a definitive agreement to acquire Maine Natural Gas Company (“Maine Natural”) from Avangrid Enterprises, Inc., for $86.0 million on a debt-free basis, subject to