Natural Gas Utilities

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Nasdaq Vilnius AB decides to suspend automatic order matching in Lietuvos Dujos shares on August 31

Thursday, 27 Aug 2015 03:19am EDT

Lietuvos Dujos AB:Says decided to suspend automatic order matching in Lesto AB and Lietuvos Dujos shares on August 31.Says trading will be suspended on request of issuer due to announcement of material information.Says trading will be resumed on September 1.

Southern Co to acquire AGL Resources Inc in $12 billion transaction

Monday, 24 Aug 2015 07:30am EDT

Southern Co:To acquire AGL Resources in $12 billion transaction, creating leading U.S. electric and gas utility.Says AGL Resources shareholders to receive $66 per share.Says transaction expected to be accretive to Southern Company earnings per share in first year.Transaction has an enterprise value of about $12 billion, including a total equity value of about $8 billion.For Southern Co transaction is anticipated to be accretive to EPS in the first full year following the close of the transaction.Says companies expect to complete the transaction in the second half of 2016.Says transaction will accelerate expected long-term EPS growth to 4-5 percent.Committed financing from Citigroup global markets inc. and plans to put long-term financing in place prior to the closing of deal.Says after closing, AGL Resources will continue to maintain its own management team and board of directors.Says AGL Resources will continue to maintain its own corporate headquarters, which for AGL Resources is in Atlanta.

Gujarat Gas Co Ltd announces appointment of Director & Chairman

Monday, 24 Aug 2015 06:52am EDT

Gujarat Gas Co Ltd:Announces appointment of G. R. Aloria, lAS as the Director and Chairman of the Board of Directors of Gujarat Gas Ltd.

Wentworth Resources first gas delivery from Mnazi Bay

Thursday, 20 Aug 2015 11:21pm EDT

Wentworth Resources Ltd:Says that first gas delivery from Mnazi Bay to the new transnational pipeline in Tanzania commenced on Aug. 20.Production rates are expected to reach 70 mmscf/d by Oct. 2015 and 80 mmscf/d by the end of 2015.Agreement has been reached on payment security terms between the gas purchaser, Tanzania Petroleum Development Corporation (TPDC), and the Mnazi Bay joint venture partners (Partners).Partners will receive payment at the end of each calendar month for sales volumes delivered during that month.Under the Gas Sales Agreement signed on Sept. 12, 2014, the sale price has been set at $3.00 per million BTU, or around $3.07 per thousand cubic feet, rising in line with the US CPI industrial index.Expects to exit 2015 in a strong financial position.

Amber Grid AB signs up to 32 mln euros loan agreement

Wednesday, 19 Aug 2015 03:53am EDT

Amber Grid AB:Says that together with Nordic Investment Bank concluded an agreement on up to 32 million euros loan.Loan is provided for 15 years period with floating interest rate related to 6 month EURIBOR.Loan will be used for financing construction of project capacity enhancement of Klaipeda-Kiemenai pipeline.

Dominion Midstream Partners to buy stake in Iroquois Gas Transmission System for $286.5 mln from National Grid plc and New Jersey Resources Corporation

Monday, 17 Aug 2015 08:35am EDT

Dominion Midstream Partners:Entered into agreements with affiliates of National Grid plc and New Jersey Resources Corporation to acquire their ownership interests in Iroquois Gas Transmission System, L.P.Deal in exchange for the issuance of about 8.6 million common units in Dominion Midstream having an agreed-upon value of about $286.5 million.Says no public market issuance of units is planned in association with these transactions.Says under agreements, about 6.8 million units would be issued to National Grid.As part of the agreements, National Grid and New Jersey Resources would contribute their combined 25.93 percent ownership interests in Iroquois to Dominion Midstream in exchange for newly issued Dominion Midstream common units.Says under agreements, about 1.8 million units would be issued to New Jersey Resources.Says has no plans to acquire ownership interest in Iroquois currently held by Dominion Gas Holdings.

E.ON SE reaffirms FY 2015 outlook

Wednesday, 12 Aug 2015 01:22am EDT

E.ON SE:Reaffirms FY 2015 outlook.Still expects 2015 EBITDA of 7 billion - 7.6 billion euros, underlying net income of 1.4 billion - 1.8 billion euros.

Companhia De Gas De Sao Paulo Comgas confirms FY 2015 EBITDA guidance

Tuesday, 11 Aug 2015 07:39am EDT

Companhia De Gas De Sao Paulo Comgas:Confirms guidance for EBITDA for fiscal year 2015 between 1,500 million Brazilian reais and 1,700 million Brazilian reais.

American Midstream Partners LP lowers FY 2015 EBITDA outlook

Monday, 10 Aug 2015 04:10pm EDT

American Midstream Partners LP:Says FY 2015 Adjusted EBITDA to be in a range of $75 - $80 million.FY 2015 EBITDA of $83 million - Thomson Reuters I/B/E/S.


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Provider : GlobalData
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