Bangor Gas
Electricity, Oil & Gas · Maine, United States · 11-50 Employees
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Overview
Headquarters
498 Maine Ave, Bangor, Maine, 04401, Uni...Phone Number
(207) 941-9595Website
www.bangorgas.comRevenue
$5.4 MillionIndustry
About Bangor Gas
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Bangor Gas News & Media
Maine approves Unitil’s $72 million acquisition of Bangor Natural Gas
Regulators approved the deal with a requirement that the company report greenhouse gases it discharges and not increase rates before 2027.Unitil to Purchase Bangor Natural Gas Company from Hope Utilities, Inc.
HAMPTON, N.H., July 09, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced that Unitil has agreed to purchase Bangor Natural Gas Company (“Bangor”) from PHC Utilities, Inc., a subsidiary of Hope Utilities, Inc., for $70.9 million on a debt-free basis, subject to customary adjustments for closing working capital and transaction expenses. Bangor’s enterprise value represents a multiple of approximately 1.2 times its rate base (based on its estimated rate base as o
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Frequently Asked Questions Regarding Bangor Gas
Bangor Gas, founded in 1997, is a Maine-based energy company providing natural gas distribution services to residential, commercial, and municipal customers in the Greater Bangor area. The company operates a pipeline network connected to the Maritimes & Northeast Pipeline, serving communities including Veazie, Orono, Old Town, Bangor, and Brewer. A... Read More