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Industry Brief

Gas Natural Inc.subsidiary Energy West Inc. has agreed to sell Wyoming natural gas utility assets, Energy West Wyoming Inc., to Black Hills Corp. for $17 million. The parties said they plan a smooth transition for customers. The transaction is expected to close within a year. Energy West intends to use the proceeds to reinvest in the business. In 2Q2014, Gas Natural reported a $1.4 million loss (minus 14 cents/share), compared with a loss of $300,000 (minus 4 cents) in 2Q2013.

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