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Columbia Gas of Massachusetts

Company Summary

Description

A subsidiary of NiSource.

Website

https://www.columbiagasma.com/

Related Entities

Firm Transport Commitments

Project: Northeast Energy Direct
Firm Commitment: 114,300 Dth/d

Project: Algonquin Incremental Market (AIM) Project
Firm Commitment: 0

Recent news

  • 3/2/2020 - Eversource Energy... (subscriber access)
  • 7/29/2019 - Columbia Gas Settles All... (subscriber access)
  • 9/17/2018 - Columbia Gas of... (subscriber access)

Company Transactions

Date: 3/2/2020
Type: Acquisition

BUYERS:
  • Eversource Energy
    • SELLERS:
  • NiSource Inc.
  • Columbia Gas of Massachusetts
    • DETAILS:

    COST: 1.1 $B

    NOTES:
    Eversource Energy announced plans to acquire Columbia Gas of Massachusetts from NiSource, which includes 626,000 customers across the state. The deal has a purchase price of $1.1 billion in cash in exchange for 5,000 miles of pipe, essentially doubling Ever source's natural gas business.
    REGIONS:
  • Northeast