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Natural Gas Utilities

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NW Natural Water To Acquire Suncadia's Water And Wastewater Utilities

12:30pm EDT

Oct 21 (Reuters) - Northwest Natural Holding Co ::NW NATURAL WATER TO ACQUIRE SUNCADIA’S WATER AND WASTEWATER UTILITIES IN WASHINGTON STATE.

Naturgy And Sonatrach To Buy Mubadala's Stake In Medgaz

Tuesday, 15 Oct 2019 02:39am EDT

Oct 15 (Reuters) - Naturgy Energy Group SA ::NATURGY AND SONATRACH HAVE ENTERED INTO AN AGREEMENT WITH MUBADALA FOR THE ACQUISITION OF ITS STAKE IN MEDGAZ.FOLLOWING COMPLETION OF TRANSACTION, MEDGAZ WILL BE ENTIRELY OWNED BY SONATRACH (WITH A 51.0% STAKE) AND NATURGY (WITH THE REMAINING 49.0%).TO ACQUIRE 34.05% OF MEDGAZ FOR ABOUT 445 MILLION EUROS.TRANSACTION VALUES 100% OF MEGAZ'S EQUITY AT 1.3 BILLION EUROS, IMPLYING A 1.9 BILLION EUROS ENTERPRISE VALUE.MEDGAZ IS EXPECTED TO DELIVER DIVIDENDS NORTH OF 130 MILLION EUROS PER ANNUM FROM 2021 ONWARDS.COMPLETION OF THE TRANSACTION IS EXPECTED TO OCCUR PRIOR TO THE END OF MARCH 2020.TRANSACTION VIA SPECIAL PURPOSE VEHICLE (SPV) FUNDED WITH A NON-RECOURSE LOAN OF ABOUT 260 MILLION EUROS.

Keppel Infrastructure Trust Says Q3 Distribution Per Unit Was 0.93 Cents

Monday, 14 Oct 2019 06:00am EDT

Oct 14 (Reuters) - Keppel Infrastructure Trust ::DISTRIBUTION PER UNIT WAS 0.93 CENTS FOR 3Q 2019.Q3 PROFIT ATTRIBUTABLE S$9.4 MILLION VERSUS S$8.2 MILLION.Q3 REVENUE S$407.5 MILLION VERSUS S$162 MILLION.PROCEEDS FROM DIVESTMENT OF KIT'S 51% STAKE IN DATACENTRE EXPECTED TO BE REDEPLOYED INTO ACQUISITIONS.

Indraprastha Gas Gets Acceptance Of Central Government Authorization For Ghaziabad CGD Network

Friday, 11 Oct 2019 08:01am EDT

Oct 11 (Reuters) - Indraprastha Gas Ltd ::INDRAPRASTHA GAS LTD - GETS ACCEPTANCE OF CENTRAL GOVERNMENT AUTHORIZATION FOR GHAZIABAD CGD NETWORK.

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