---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-020122"
form_type: "8-K"
ticker: "UTL"
cik: "0000755001"
company_name: "UNITIL CORP"
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:45:29.002497+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Unitil closes $71.2M purchase of Bangor Natural Gas; expands credit facility to $275M

## Summary
- Acquired Bangor Natural Gas from PHC Utilities for $70.9M in cash plus ~$0.3M working capital adjustment.
- Bangor adds ~8,500 customers, 351 miles distribution & 9 miles transmission pipelines to Unitil's system.
- Unitil now serves ~207,000 customers across Maine, New Hampshire, and Massachusetts.
- Increased revolving credit facility from $200M to $275M and extended term to September 29, 2028.
- Acquisition received Maine Public Utilities Commission approval; all conditions met as of January 31, 2025.

## SEC filing metadata
- accession: 0001193125-25-020122
- form_type: 8-K
- ticker: UTL
- cik: 0000755001
- company_name: UNITIL CORP
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/755001/000119312525020122/0001193125-25-020122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/755001/000119312525020122/d900757d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-020122
- JSON: https://secwatch.observer/filing/0001193125-25-020122.json
- Plain text: https://secwatch.observer/filing/0001193125-25-020122.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.