Enstar Natural Gas Co., Alaska’s top natural gas distributor, would get a new Canadian corporate owner in an $800 million sale announced Thursday. In an all-cash transaction, TriSummit Utilities Inc. would acquire Anchorage-based Enstar from AltaGas Ltd. The deal between the buyer and seller, both Calgary-based, is expected to close in early 2023 following regulatory…
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Cap Rock-SEMCO Energy Deal Combines TX Power with MI, AK Gas
Cap Rock Holding Corp. last week agreed to acquire SEMCO Energy Inc., parent of utilities SEMCO Energy gas Co. in Michigan and ENSTAR Natural Gas Co. in Alaska, in an $867 million cash and debt deal.
February 26, 2007
Cap Rock-SEMCO Energy Deal Combines TX Power with MI, AK Gas
Cap Rock Holding Corp. agreed to acquire SEMCO Energy Inc. — parent of utilities SEMCO Energy gas Co. in Michigan and ENSTAR Natural Gas Co. in Alaska in an $867 million cash and debt deal.
February 26, 2007