CenterPoint Ohio Utility Acquisition by National Fuel
Sector: Natural Gas • Location: Dayton area, Ohio, United States
Source: Stock Titan
National Fuel Gas Company plans to acquire Vectren Energy Delivery of Ohio, LLC (CenterPoint Ohio), a natural gas local distribution company serving approximately 337,000 customers in west-central Ohio, for $2.62 billion. The acquisition includes $1.42 billion in cash and a $1.2 billion seller promissory note. The transaction is subject to customary closing conditions and regulatory approvals, inc
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | National Fuel Gas Company plans to acquire Vectren Energy Delivery of Ohio, LLC (CenterPoint Ohio), a natural gas local distribution company serving approximately 337,000 customers in west-central Ohio, for $2.62 billion. The acquisition includes $1.42 billion in cash and a $1.2 billion seller promissory note. The transaction is subject to customary closing conditions and regulatory approvals, including review by the Public Utilities Commission of Ohio (PUCO). National Fuel has arranged mixed equity and debt financing for the acquisition, including a $350 million private placement, $1.5 billion senior unsecured notes, and a $1.2 billion seller note facility. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |