secwatch.observer — SEC 8-K summary
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Issuer:     Northwest Natural Holding Co (NWN)
CIK:        0001733998
Form:       8-K
Filed at:   2024-11-18T23:59:59+00:00
Accession:  0001733998-24-000128
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NW Natural Holdings to acquire SiEnergy for $273M cash + $152M debt
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- Total consideration ~$425M; expected close Q1 2025, subject to HSR review.
- SiEnergy serves ~70k customers in TX Triangle; contracted backlog >180k.
- NWN raises regulated utility rate base growth target to 6%-8% (from 5%-7%).
- Acquisition funded with junior subordinated notes; no common equity issuance.
- Reaffirms FY2024 EPS guidance: $1.94-$2.14 GAAP; $2.20-$2.40 adjusted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1733998/000173399824000128/0001733998-24-000128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1733998/000173399824000128/nwn-20241117.htm
  HTML page:      https://secwatch.observer/filing/0001733998-24-000128

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