Post Tagged with: "Utility"

AltaGas Reports Record EBITDA for Q1 of CAD$228 Million

AltaGas Reports Record EBITDA for Q1 of CAD$228 Million

Pending acquisition will result in combined assets of $22 billion

(EDITOR’S NOTE: Canadian dollars unless otherwise noted.)

AltaGas Ltd. (ticker: ALA) today reported that normalized EBITDA in the first quarter of 2017 increased $50 million to $228 million, compared to …

April 26, 2017 - 3:23 pm — Canada, Closing Bell Story‎, Electrical Power Generation, Midstream, Natural Gas News, Oil and Gas 360 Articles
Fortis Inc. Increases Utility Rate Base to $18 Billion with $11.3 Billion Acquisition

Fortis Inc. Increases Utility Rate Base to $18 Billion with $11.3 Billion Acquisition

Canada’s Fortis acquires largest independent pure-play electric transmission company in the U.S.

Fortis Inc. (ticker: FTS, FortisINC.com) announced today that it will acquire ITC Holdings Corp. for total consideration of $11.3 billion. Under the terms of the deal, ITC …

February 9, 2016 - 5:58 pm — Canada, Closing Bell Story‎, Mergers & Acquisitions, Oil and Gas 360 Articles
Source: Energy.gov

Duke Energy Acquires Piedmont for Total Consideration of $6.7 Billion

Duke gains 1 million new customers in Piedmont acquisition

North Carolina based Duke Energy (ticker: DUK) announced that it will acquire Piedmont Natural Gas (ticker: PDM) for $4.9 billion in cash, and assume Piedmont’s $1.8 billion in debt, for total …

October 26, 2015 - 3:33 pm — Mergers & Acquisitions, Oil and Gas 360 Articles
D.C. Commission Rejects Merger to Form Utility with $26 Billion Rate Base

D.C. Commission Rejects Merger to Form Utility with $26 Billion Rate Base

Public Service Commission says $8.6 billion Pepco-Exelon merger is a no-go

The D.C. Public Service Commission (PSC) announced yesterday that it would not approve a proposed merger between Pepco Holding Inc. (ticker: POM) utilities and Exelon Corp. (ticker: EXC). According …

August 26, 2015 - 5:48 pm — Oil and Gas 360 Articles
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