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Stock impact report

NW Natural Holdings Completes Acquisition of SiEnergy

Northwest Natural Holding Company (NWN) 
Last northwest natural holding company earnings: 8/6 06:00 am Check Earnings Report
US:NYSE Investor Relations: nwnatural.com/aboutnwnatural
Company Research Source: Business Wire
Expands NWN’s presence in Texas with a rapidly growing gas utility PORTLAND, Ore.--(BUSINESS WIRE)--Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) today announced the closing of its acquisition of SiEnergy Operating, LLC (SiEnergy or the Company) from SiEnergy Capital Partners, LLC (an affiliate of Ridgewood Infrastructure). This marks the successful completion of a strategic acquisition announced in November 2024.SiEnergy is one of the fastest growing natural gas distribution utilities in the nation, serving approximately 70,000 residential and commercial customers in the greater metropolitan areas of Houston, Dallas, and Austin (known as the Texas Triangle). SiEnergy has grown organically by providing infrastructure to residential and commercial developments in high-growth areas. As previously announced, SiEnergy is expected to have approximately $247 million in rate base as of Dec. 31, 2024 and to have achieved rate base and customer growth of 26% and 22% co Show less Read more
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