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




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