Highest-materiality recent filing
Unitil completes $55.8M acquisition of two NH water companies from Aquarion Water Authority
Purchase price $55.8M including $13.7M debt assumption; funded via Scotiabank term loan.
Unitil extends Aquarion water acquisition closing deadline to June 30, 2026
Amendment No. 3 extends termination date from May 25, 2026 to June 30, 2026.
Unitil posts investor presentation for AGA Financial Forum; no material new info disclosed
Unitil to attend AGA Financial Forum May 17-19, 2026.
Unitil subsidiary Fitchburg issues $40M senior notes at 5.62% and 5.87%
Fitchburg Gas and Electric issued $23M of 5.62% notes due 2036 and $17M of 5.87% notes due 2041.
Elected Class II directors: Neveen F. Awad (14,078,633 for), Winfield S. Brown (13,155,531 for), Mark H. Collin (14,095,467 for).
Unitil holds annual meeting; presentation contains no new material information
Annual Meeting of Shareholders held on April 29, 2026, with CEO presentation.
Janney Montgomery Scott replaced by Huntington Securities in $50M at-the-market equity distribution facility.
Unitil Corp revises equity compensation, grants restricted shares to top executives
Compensation Committee approved Revised Equity Compensation Practices on Jan 27, 2026, primarily changing dividend treatment on restricted stock.
Unitil extends Aquarion Water acquisition deadline by one month to Feb 23, 2026
Amendment moves termination date from Jan 23, 2026 to Feb 23, 2026.
Unitil Corp Corporate Secretary Whitney to retire Dec 31; Simpson succeeds Jan 1
Sandra L. Whitney will retire and resign as Corporate Secretary effective December 31, 2025.
Unitil appoints Carleton B. Simpson as Senior VP and General Counsel
Carleton B. Simpson, 35, appointed SVP and General Counsel effective Oct 29, 2025.
Unitil completes acquisition of Maine Natural Gas for $86M plus ~$7.1M working capital
Purchase price $86.0M plus ~$7.1M for working capital; funded via $86M term loan from Scotiabank.
Unitil Corporation prices public offering of 1.39 million shares of common stock at $46.65 per share
Unitil entered into an underwriting agreement to sell 1,393,355 shares at $46.65 per share, expecting net proceeds of approximately $62 million.
Unitil subsidiary Bangor issues $32M in senior notes at 5.70% and 6.31%
Bangor Natural Gas issued $14M of 5.70% Senior Notes due 2030 and $18M of 6.31% Notes due 2035.
Unitil Corp enters $50M at-the-market stock offering program
May sell up to $50M of common stock via Agents Janney and Scotia Capital in ATM offerings.
Unitil to acquire three water utilities from Aquarion Water Authority for $100M
Purchase price $100M includes ~$30M assumed debt; acquisition expected to close in late 2025.
Unitil shareholders elect four directors, ratify auditor, approve say-on-pay at annual meeting
Elected Anne L. Alonzo, Katherine Kountze, Jane Lewis-Raymond, and David A. Whiteley as Class I directors for three-year terms.
Unitil holds annual meeting; CEO presentation attached but no material new information disclosed
Annual Meeting held April 30, 2025 at Hampton, NH offices.
Unitil agrees to acquire Maine Natural Gas from Avangrid for $86M cash
Purchase price $86M cash, subject to working capital adjustments; debt financing committed from Scotiabank.
Unitil closes $71.2M purchase of Bangor Natural Gas; expands credit facility to $275M
Acquired Bangor Natural Gas from PHC Utilities for $70.9M in cash plus ~$0.3M working capital adjustment.
Unitil elects Jane Lewis-Raymond, former Piedmont Natural Gas SVP, to Board
Jane Lewis-Raymond elected to Unitil Board effective Oct 30, 2024; to stand for election at April 2025 annual meeting.
Unitil Corp and subsidiaries issue $135M in senior notes and bonds across multiple maturities
Unitil Corp: $20M 5.99% Senior Notes due 2034.
Unitil amends credit agreement to add quarterly commitment fee payment schedule
First Amendment to Third Amended and Restated Credit Agreement dated July 18, 2024.
Unitil to acquire Bangor Natural Gas for $70.9M; expects close by Q1 2025
Purchase price of $70.9M in cash (debt-free basis, subject to working capital adjustments).
Unitil enters new CEO employment agreement; shareholders approve stock plan increase
CEO Thomas Meissner enters new employment agreement through April 24, 2027; base salary $712,025.
Unitil holds annual meeting; presentation filed with no specific financial details
Chairman and CEO Thomas P. Meissner, Jr. presented to shareholders at the May 1 annual meeting.
Unitil director Eben S. Moulton resigns after 23 years on board
Moulton resigned effective December 1, 2023, prior to term end in April 2025.
Electric rate case (D.P.U. 23-80) requests increase to address ~$6.8M revenue deficiency, net ~$4.1M after roll-ins.
Unitil unit issues $25M in senior notes: $12M at 5.70% (2033), $13M at 5.96% (2053)
$12M Series A notes at 5.70% due 2033; $13M Series B notes at 5.96% due 2053.
Unitil adopts 10b5-1 plan to repurchase up to $614K of common stock for director equity retainers
Plan adopted June 1, 2023, with Wells Fargo Clearing Services as broker, for director retainer stock purchases.
Unitil shareholders elect all director nominees, ratify auditor at 2023 annual meeting
Four Class II directors elected: Awad, Brown, Collin, Green (11.3M-11.9M for each).
Unitil announces executive promotions: Hevert to President, Hurstak to CFO effective May 1
Meissner remains Chairman & CEO; Hevert becomes President & Chief Administrative Officer.
Unitil holds Annual Meeting; CEO presentation furnished but no material new facts disclosed
CEO Thomas P. Meissner Jr. presented at Annual Meeting on April 26, 2023; presentation attached as Exhibit 99.1.
Unitil SVP Todd R. Black to retire effective May 1, 2023
Todd R. Black, SVP External Affairs and Customer Relations, will retire effective May 1, 2023.
Unitil adopts equity mix shift, grants 6,820 time & 6,820 performance shares to CEO
Compensation committee approved new practice: 50% time-based, 50% performance-based restricted stock for executives.
Unitil elects Dr. Neveen Awad to Board of Directors, effective Oct 26, 2022
Dr. Awad elected as independent director; will serve until 2023 annual meeting and stand for re-election.
Unitil enters $200M credit facility; $65.5M drawn at 4.215%
$200M borrowing limit, includes $25M letter-of-credit and $15M swingline sublimits.
NHPUC approves $5.9M permanent rate increase for Unitil Energy, 9.2% ROE
Permanent distribution rate increase of $5.9M effective June 1, 2022, reconciled back to June 2021 temporary rates.
All three Class I directors elected: Edward F. Godfrey, Eben S. Moulton, David A. Whiteley (each >11.4M votes for).
Unitil holds annual meeting and furnishes shareholder presentation; content not disclosed in filing
Presentation attached as Exhibit 99.1 available on investor relations website.
Director Lisa Crutchfield to leave Unitil Board; retirement policy waiver for Eben Moulton
Crutchfield not standing for re-election; term expires at Annual Meeting on April 27, 2022.
Unitil prices public offering of 800,000 shares at $50.80 per share, expected net proceeds $38.6M
Offering of 800,000 new shares at $50.80 per share; underwriters have 30-day option for additional 120,000 shares.
On October 30, 2024, the Board of Directors of Unitil Corporation (the “Company”) elected Jane Lewis-Raymond as a Director, effective immediately.
On December 1, 2023, Eben S. Moulton provided notice that he will resign as a member of the Board of Directors (the “Board”) of Unitil Corporation (the “Company”), effective December 1, 2023.
Daniel J. Hurstak Chief Accounting Officer & Controller Senior Vice President, Chief Financial Officer & Treasurer
Thomas P. Meissner, Jr. Chairman of the Board, Chief Executive Officer & President Chairman of the Board and Chief Executive Officer
Robert B. Hevert Senior Vice President, Chief Financial Officer & Treasurer President & Chief Administrative Officer
Todd R. Diggins Director of Finance Chief Accounting Officer & Controller
On February 1, 2023, Todd R. Black, Senior Vice President of Unitil Corporation (the “Company”), provided notice that he will retire and, in connection with his retirement, resign from the Company and each of its subsidiaries effective as of May 1, 2023.
On October 26, 2022, the Board of Directors of Unitil Corporation (the “Company”) elected Dr. Neveen F. Awad as a Director, effective immediately.
Ms. Crutchfield will leave the Board when her current term expires at the Annual Meeting on April 27, 2022.
Max materiality 0.85 · Median 0.40 · Most common event other_material