RSS Northwest Natural Holding Acquires Ridgewood Infrastructure's 80% Interest In SiEnergy

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 RSS Northwest Natural Holding Acquires Ridgewood Infrastructure's 80% Interest In SiEnergy

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Northwest Natural Holding Co. (NWN) has officially completed its acquisition of SiEnergy Operating LLC from SiEnergy Capital Partners, LLC, owned by Ridgewood Infrastructure. However, the financial details of the transaction remain undisclosed.

Ridgewood Infrastructure confirmed the sale of 80% of its interest in SiEnergy Operating, LLC, a regulated natural gas utility, as initially announced in November 2024.

This acquisition is set to bolster Northwest Natural's operations and influence in the Texas Triangle area.

Currently, NWN's shares are trading at $38.53, reflecting a slight decrease of 0.05% on the New York Stock Exchange.

The material has been provided by InstaForex Company - www.instaforex.com
 
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