Quantcast
Last updated on April 16, 2014 at 12:17 EDT

Latest Peoples Natural Gas Stories

2013-12-05 12:23:36

In the news release, Final Milestone Reached in Peoples Natural Gas Purchase of Equitable Gas Company, issued Dec. 5, 2013 by Peoples Natural Gas over PR Newswire, we are advised by the company that additional information has been added to the release. The complete, updated release follows: Final Milestone Reached in Peoples Natural Gas Purchase of Equitable Gas Company Utilities to be merged by the end of 2013 PITTSBURGH, Dec. 5, 2013 /PRNewswire/ -- Peoples Natural Gas...

2013-12-05 12:23:09

Utilities to be merged by the end of 2013 PITTSBURGH, Dec. 5, 2013 /PRNewswire/ -- Peoples Natural Gas announced today that the Federal Energy Regulatory Commission (FERC) has granted all of its required approvals to the transaction with EQT Corporation (NYSE: EQT) for the Peoples Natural Gas purchase of EQT's natural gas distribution business, Equitable Gas Company, LLC. Prior to today's ruling, the transaction received clearance by the Federal Trade Commission under the...

2012-12-20 08:23:31

NEW YORK, Dec. 20, 2012 /PRNewswire/ -- Peoples Natural Gas, a regulated natural gas distribution company controlled by an affiliate of SteelRiver Infrastructure Partners, today announced that it has entered into a definitive agreement with EQT Corporation (NYSE: EQT) for the acquisition of EQT's natural gas distribution business, Equitable Gas Company. As part of the transaction, Peoples has agreed to a payment of $720 million in cash and the transfer of certain midstream and storage assets...

2012-12-20 08:23:03

PITTSBURGH, Dec. 20, 2012 /PRNewswire/ -- Peoples Natural Gas today announced an agreement with EQT Corporation that will enhance each company's core business and build the best future for the Pittsburgh-based companies' customers. Under the agreement, Peoples Natural Gas will expand its core business of local gas distribution by acquiring Equitable Gas Company, EQT's distribution business in Pennsylvania, West Virginia and Kentucky. As part of the transaction, EQT will receive cash proceeds...

2012-02-28 17:09:00

PITTSBURGH, Feb. 28, 2012 /PRNewswire/ -- Peoples Natural Gas has filed a request with the Pennsylvania Public Utility Commission (PUC) for a base rate increase of $28.4 million, a 7.5% increase in annual revenues, to fund its Smart Modernization Plan. This plan began in 2011 to replace all cast iron pipes through the Peoples Natural Gas system. The base rate increase request also provides for the recovery of the Company's ongoing business costs such as labor and benefit expenses, taxes, debt...