Profile: Northwest Natural Holding Co (NWN)
23 Jul 2019
Northwest Natural Holding Company, incorporated on March 7, 2018, is a holding company. The Company through its subsidiaries as a provider of natural gas services. The Company provides its services to over 740,000 residential, commercial and industrial customers in Oregon and Southwest Washington. It operates through three segments: local gas distribution, gas storage, and other.
The Company’s local gas distribution is also referred to as the utility segment, which involves the distribution and sale of natural gas to customers in Oregon and Southwest Washington, and includes the utility portion of its underground natural gas storage facility in Mist, Oregon, the north Mist gas storage expansion in Oregon, and the operations of NWN Gas Reserves LLC, an subsidiary of the Company. The Company’s gas storage segment represents natural gas storage services provided to intrastate and interstate customers from the non-utility portion of the Mist underground storage facility, the Gill Ranch storage facility, and asset management services under a contract with an independent energy marketing company. Its other segment primarily consists of an investment in a natural gas pipeline project, a interest in Kelso-Beaver Pipeline, its natural gas retail appliance store, and other non-utility business development and other activities.
Northwest Natural Holding Co
220 NW 2nd Ave
PORTLAND OR 97209-3943