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 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 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 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 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).
Electric rate case (D.P.U. 23-80) requests increase to address ~$6.8M revenue deficiency, net ~$4.1M after roll-ins.
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.
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