Agreement signedPublished 4 Apr 2025

Unitil Corporation /
Maine Natural Gas Company

Unitil Corporation to buy Maine Natural Gas Company from Avangrid Enterprises, Inc.

Buy side: Unitil Corporation
Buy sideUnitil Corporation
Sell side: Avangrid Enterprises, Inc.
Sell sideAvangrid Enterprises, Inc.
Source · 4 Apr 2025Source-verified
Buy side: Unitil Corporation
Buy sideUnitil Corporation
Sell side: Avangrid Enterprises, Inc.
Sell sideAvangrid Enterprises, Inc.
01 / BuyerUnitil Corporation
02 / SellerAvangrid Enterprises, Inc.
03 / TargetMaine Natural Gas Company
Source-verified
01

What happened

Unitil Corporation agreed to acquire all outstanding shares of Maine Natural Gas Company from Avangrid Enterprises, Inc. The purchase price is $86.0 million in cash, subject to certain adjustments.

Maine Natural Gas Company is a natural gas utility serving customers in certain Maine communities. The transaction is subject to closing conditions, including receipt of an order from the Maine Public Utilities Commission.

02

The source

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01
Source · Original source

Unitil Corporation to buy Maine Natural Gas Company from Avangrid Enterprises, Inc.

This document is the source for the companies, stage, figure and people on this page.

Source-verified
03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

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