NWN - Mergers and acquisitions

SiEnergy Operating, LLC (SiEnergy), a wholly owned subsidiary of Northwest Natural Holding Company (NYSE:NWN) (NW Natural Holdings), has completed the acquisition of 100% of the capital stock of Hughes Gas Resources, Inc. (Hughes) from EPCOR USA Inc. for $60 million. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603972017/en/ Hughes serves approximately 6,900 connections in 12 communities northeast of Houston and is expected to have a rate base of approximately $46 million at the end of 2025. With a similar business model as SiEnergy, Hughes has grown organically by providing infrastructure to residential and commercial de

NW Natural Water Company, LLC (NW Natural Water), a wholly-owned subsidiary of Northwest Natural Holding Company (NYSE:NWN) (NW Natural Holdings), has completed the acquisition of Rose Valley Water Company (Rose Valley Water), a water utility serving approximately 2,400 connections in Peoria, Arizona, a major suburb northwest of Phoenix. "Rose Valley Water is an excellent fit for our company and we are looking forward to continuing their legacy of service and stewardship," said Justin Palfreyman, NW Natural Water's president. "Through this acquisition, NW Natural Water establishes a footprint in Arizona's largest county, positioning our company for future growth in the area." "NW Natura

Burkhartsmeyer joins GridStor with more than 25 years of financial and operational experience in the utility and renewable energy sectors GridStor, a developer and operator of grid-scale battery energy storage systems, announced today that Frank Burkhartsmeyer has been appointed as the company's chief financial officer (CFO), effective August 28. Burkhartsmeyer has more than 25 years of financial and operational experience in the utility and renewable energy development sectors, including most recently as executive vice president of strategy and business development and CFO at NW Natural (NYSE:NWN), a natural gas distributor. "Frank is a proven finance leader who brings to GridStor a 25

NW Natural Water Company, LLC (NW Natural Water), a wholly-owned subsidiary of Northwest Natural Holding Company (NYSE:NWN) (NW Natural Holdings), has completed the acquisition of the water and wastewater utilities of Far West Water & Sewer, Inc. Located in Yuma, Arizona, these utilities serve approximately 25,000 connections in the Foothills area and employ approximately 40 people. Going forward the utilities will be doing business as Foothills Utilities. "We're pleased to close this acquisition and begin serving customers in our fifth state," said Justin Palfreyman, NW Natural Water's president. "As we build a leading water and wastewater utility, we are excited to enter the Arizona mark