UNITIL CORP amended Amendment No. 3 to Purchase and Sale Agreement with Aquarion Water Authority, South Central Connecticut Regional Water Authority (effective 2026-05-25).
“On May 25, 2026, the Company entered into an Amendment No. 3 to Purchase and Sale Agreement (“ Amendment No. 3 ”) by and between the Company, Seller and RWA.”
Debt Financings
UNITIL CORP incurred senior notes of $17,000,000 with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB at 5.87% maturing April 30, 2041.
“On April 30, 2026, Fitchburg Gas and Electric Light Company (“Fitchburg”), an electric and natural gas distribution utility subsidiary of Unitil Corporation (the “Company” or the “Registrant”), entered into a Note Purchase Agreement with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $23,000,000 of 5.62% Senior Unsecured Notes, Series 2026A, due April 30, 2036 and (ii) $17,000,000 of 5.87% Senior Unsecured Notes, Series 2026B, due April 30, 2041 (collectively, the “Notes”).”
Debt Financings
UNITIL CORP incurred senior notes of $23,000,000 with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB at 5.62% maturing April 30, 2036.
“On April 30, 2026, Fitchburg Gas and Electric Light Company (“Fitchburg”), an electric and natural gas distribution utility subsidiary of Unitil Corporation (the “Company” or the “Registrant”), entered into a Note Purchase Agreement with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $23,000,000 of 5.62% Senior Unsecured Notes, Series 2026A, due April 30, 2036 and (ii) $17,000,000 of 5.87% Senior Unsecured Notes, Series 2026B, due April 30, 2041 (collectively, the “Notes”).”
Material Agreements
UNITIL CORP entered into Note Purchase Agreement with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB valued at $23,000,000 and $17,000,000 (effective 2026-04-30).
“On April 30, 2026, Fitchburg Gas and Electric Light Company (“Fitchburg”), an electric and natural gas distribution utility subsidiary of Unitil Corporation (the “Company” or the “Registrant”), entered into a Note Purchase Agreement with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $23,000,000 of 5.62% Senior Unsecured Notes, Series 2026A, due April 30, 2036 and (ii) $17,000,000 of 5.87% Senior Unsecured Notes, Series 2026B, due April 30, 2041 (collectively, the “Notes”).”
Shareholder Votes
UNITIL CORP shareholders approved Advisory vote on compensation of Named Executive Officers at the 2026-04-29 meeting.
“3. To approve, on an advisory basis, the compensation of the Company’s Named Executive Officers. The final vote was as follows: No. of Shares For Against Abstain Broker Non Vote Uncast 13,722,103 443,023 87,126 1,692,416 0”
Shareholder Votes
UNITIL CORP shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for 2026 at the 2026-04-29 meeting.
“2. To ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026. The final vote was as follows: No. of Shares For Against Abstain Broker Non Vote Uncast 15,592,938 299,503 52,228 0 0”
Shareholder Votes
UNITIL CORP shareholders approved Election of three Class II directors at the 2026-04-29 meeting.
“1. To elect three directors of the Company in Class II, nominated by the Company’s Board of Directors, each to serve a three-year term. The final vote was as follows: No. of Shares For Withheld Broker Non Vote Uncast Neveen F. Awad 14,078,633 173,620 1,692,416 0 Winfield S. Brown 13,155,531 1,096,721 1,692,416 0 Mark H. Collin 14,095,467 156,786 1,692,416 0 All of the directors listed above were elected at the meeting.”
Material Agreements
UNITIL CORP amended Amendment No. 1 to Distribution Agreement with Huntington Securities, Inc. and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Huntington Securities, Inc. and The Bank of Nova Scotia, as forward purchasers (effective 2026-02-19).
“the Company entered into Amendment No. 1 to Distribution Agreement (the “ Amendment to Distribution Agreement ”) with Huntington Securities, Inc. and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Huntington Securities, Inc. and The Bank of Nova Scotia, as forward purchasers”
Material Agreements
UNITIL CORP terminated Distribution Agreement with Janney Montgomery Scott LLC (effective 2026-02-19).
“the Company and Janney Montgomery Scott LLC mutually terminated the Distribution Agreement with respect to Janney Montgomery Scott LLC, in its capacity as an agent and/or forward seller and as a forward purchaser thereunder”
Material Agreements
UNITIL CORP entered into Distribution Agreement with Janney Montgomery Scott LLC and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Janney Montgomery Scott LLC and The Bank of Nova Scotia, as forward purchasers valued at up to an aggregate sales price of $50 million (effective 2025-06-03).
“Unitil Corporation, a New Hampshire corporation (the “ Company ”), entered into a Distribution Agreement (the “ Distribution Agreement ”) with Janney Montgomery Scott LLC and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Janney Montgomery Scott LLC and The Bank of Nova Scotia, as forward purchasers, pursuant to which the Company may sell, from time to time, up to an aggregate sales price of $50 million of its common stock, no par value (the “ Shares ”).”
Debt Financings
UNITIL CORP incurred credit facility of $86 million with The Bank of Nova Scotia at Term SOFR plus 0.1000% plus a margin of 1.25% or prime rate plus 0.25% maturing October 31, 2026.
“(the “ Credit Agreement ”): Unitil; The Bank of Nova Scotia, as agent; and The Bank of Nova Scotia, as lender (the “ Lender ”). The Credit Agreement has a borrowing limit of $86 million. Subject to certain notice requirements, Unitil may irrevocably reduce or terminate the unutilized portion of the commitments under the Credit Agreement at any time without”
Debt Financings
UNITIL CORP incurred senior notes of $14,000,000 of 5.70% Senior Unsecured Notes, Series 2025A, due July 8, 2030 and $18,000,000 of 6.31% Senior Unsecured No with CoBank, ACB and United of Omaha Life Insurance Company at 5.70% and 6.31% maturing July 8, 2030 and July 8, 2035.
“pursuant to which it issued and sold (i) $14,000,000 of 5.70% Senior Unsecured Notes, Series 2025A, due July 8, 2030 and (ii) $18,000,000 of 6.31% Senior Unsecured Notes, Series 2025B, due July 8, 2035”
Debt Financings
UNITIL CORP incurred term loan of $100.0 million with The Bank of Nova Scotia at unknown maturing unknown.
“Pursuant to, and subject to the terms and conditions of, the Debt Commitment Letter, The Bank of Nova Scotia has committed to provide a $100.0 million senior unsecured delayed-draw term loan facility.”
Debt Financings
UNITIL CORP amended credit facility of increases the borrowing limit from $200 million to $275 million with Bank of America, N.A., Citizens Bank, N.A., and TD Bank, N.A. maturing extended from September 29, 2027 until September 29, 2028.
“The Second Amendment, among other things, (i) increases the borrowing limit under the Third Amended and Restated Credit Agreement from $200 million to $275 million and (ii) extends the term of the Third Amended and Restated Credit Agreement from September 29, 2027 until September 29, 2028.”
Jane Lewis-Raymond was elected as Director at UNITIL CORP.
“On October 30, 2024, the Board of Directors of Unitil Corporation (the “Company”) elected Jane Lewis-Raymond as a Director, effective immediately.”
Shareholder Votes
UNITIL CORP shareholders approved To approve, on an advisory basis, the compensation of the Company’s named executive officers at the 2024-05-01 meeting.
“4. To approve, on an advisory basis, the compensation of the Company’s named executive officers.”
Shareholder Votes
UNITIL CORP shareholders approved To ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024 at the 2024-05-01 meeting.
“3. To ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024.”
Shareholder Votes
UNITIL CORP shareholders approved To approve the Company's Third Amended and Restated 2003 Stock Plan at the 2024-05-01 meeting.
“2. To approve the Company’s Third Amended and Restated 2003 Stock Plan.”
Shareholder Votes
UNITIL CORP shareholders approved Election of three directors of the Company in Class III at the 2024-05-01 meeting.
“1. To elect three directors of the Company in Class III, nominated by the Company’s Board of Directors, each to serve a three-year term.”
Eben S. Moulton resigned as Director at UNITIL CORP.
“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.”
Debt Financings
UNITIL CORP incurred senior notes of $13.0 million with MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, American Memorial Life Insurance Company at 5.96% maturing July 2, 2053.
“On July 6, 2023, Fitchburg Gas and Electric Light Company (“Fitchburg”), an electric and natural gas distribution utility subsidiary of Unitil Corporation (the “Company” or the “Registrant”), entered into a Note Purchase Agreement with MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, and American Memorial Life Insurance Company (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $12.0 million aggregate principal amount of its 5.70% senior unsecured notes due July 2, 2033 (the “Series A Notes”), and (ii) $13.0 million aggregate principal amount of its 5.96% senior unsecured notes due July 2, 2053 (the “Series B Notes”).”
Debt Financings
UNITIL CORP incurred senior notes of $12.0 million with MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, American Memorial Life Insurance Company at 5.70% maturing July 2, 2033.
“On July 6, 2023, Fitchburg Gas and Electric Light Company (“Fitchburg”), an electric and natural gas distribution utility subsidiary of Unitil Corporation (the “Company” or the “Registrant”), entered into a Note Purchase Agreement with MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, and American Memorial Life Insurance Company (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $12.0 million aggregate principal amount of its 5.70% senior unsecured notes due July 2, 2033 (the “Series A Notes”), and (ii) $13.0 million aggregate principal amount of its 5.96% senior unsecured notes due July 2, 2053 (the “Series B Notes”).”
Material Agreements
UNITIL CORP entered into Note Purchase Agreement with MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, and American Memorial Life Insurance Company valued at $12.0 million and $13.0 million (effective 2023-07-06).
“On July 6, 2023, Fitchburg Gas and Electric Light Company (“Fitchburg”), an electric and natural gas distribution utility subsidiary of Unitil Corporation (the “Company” or the “Registrant”), entered into a Note Purchase Agreement with MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, and American Memorial Life Insurance Company (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $12.0 million aggregate principal amount of its 5.70% senior unsecured notes due July 2, 2033 (the “Series A Notes”), and (ii) $13.0 million aggregate principal amount of its 5.96% senior unsecured notes due July 2, 2053 (the “Series B Notes”).”
Shareholder Votes
UNITIL CORP shareholders voted on On an advisory basis, as to whether future approval, on an advisory basis, of the compensation of the Company’s named executive officers should occur every one, two or three years. at the 2023-04-26 meeting.
“Proposal 5: On an advisory basis, as to whether future approval, on an advisory basis, of the compensation of the Company’s named executive officers should occur every one, two or three years. The final vote was as follows: No. of Shares One Year Two Years Three Years Abstain Broker Non Vote 11,326,781.51 52,621.83 743,769.54 58,724.30 1,983,327.00”
Shareholder Votes
UNITIL CORP shareholders approved To approve, on an advisory basis, the compensation of the Company’s named executive officers. at the 2023-04-26 meeting.
“Proposal 4: To approve, on an advisory basis, the compensation of the Company’s named executive officers. The final vote was as follows: No. of Shares For Against Abstain Broker Non Vote Uncast 11,825,693.43 288,163.64 68,040.11 1,983,327.00 0”
Shareholder Votes
UNITIL CORP shareholders approved To ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023. at the 2023-04-26 meeting.
“Proposal 3: To ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023. The final vote was as follows: No. of Shares For Against Abstain Broker Non Vote Uncast 13,919,060.98 192,456.26 53,706.94 0 0”
Shareholder Votes
UNITIL CORP shareholders approved To elect one director in Class I, nominated by the Company’s Board of Directors, to serve an initial term of two years. at the 2023-04-26 meeting.
“Proposal 2: To elect one director in Class I, nominated by the Company’s Board of Directors, to serve an initial term of two years. The final vote was as follows: No. of Shares For Withheld Broker Non Vote Uncast Anne L. Alonzo 11,924,493.87 257,403.31 1,983,327.00 0”
Shareholder Votes
UNITIL CORP shareholders approved To elect four directors in Class II, nominated by the Company’s Board of Directors, each to serve a three-year term. at the 2023-04-26 meeting.
“Proposal 1: To elect four directors in Class II, nominated by the Company’s Board of Directors, each to serve a three-year term. The final vote was as follows: No. of Shares For Withheld Broker Non Vote Uncast Neveen F. Awad 11,874,665.62 307,231.56 1,983,327.00 0 Winfield S. Brown 11,830,399.61 351,497.57 1,983,327.00 0 Mark H. Collin 11,341,891.93 840,005.25 1,983,327.00 0 Michael B. Green 11,286,137.11 895,760.07 1,983,327.00 0”
Todd R. Diggins was appointed as Chief Accounting Officer & Controller at UNITIL CORP.
“Todd R. Diggins Director of Finance Chief Accounting Officer & Controller”
Daniel J. Hurstak was appointed as Senior Vice President, Chief Financial Officer & Treasurer at UNITIL CORP.
Robert B. Hevert was appointed as President & Chief Administrative Officer at UNITIL CORP.
“Robert B. Hevert Senior Vice President, Chief Financial Officer & Treasurer President & Chief Administrative Officer”
Thomas P. Meissner, Jr. was appointed as Chairman of the Board and Chief Executive Officer at UNITIL CORP.
“Thomas P. Meissner, Jr. Chairman of the Board, Chief Executive Officer & President Chairman of the Board and Chief Executive Officer”
Todd R. Black departed as Senior Vice President at UNITIL CORP.
“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.”
Dr. Neveen F. Awad was elected as Director at UNITIL CORP.
“On October 26, 2022, the Board of Directors of Unitil Corporation (the “Company”) elected Dr. Neveen F. Awad as a Director, effective immediately.”
Lisa Crutchfield departed as Director at UNITIL CORP.
“Ms. Crutchfield will leave the Board when her current term expires at the Annual Meeting on April 27, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.