Who acquired Peoples natural gas?
Essential Utilities Inc.
– Essential Utilities Inc. (NYSE: WTRG) announced today it has successfully completed the acquisition of Peoples, a Pittsburgh-based natural gas distribution company, in an all-cash transaction that reflects an enterprise value of $4.275 billion, including the assumption of approximately $1.1 billion of debt.
Is EQT Equitable gas?
EQT Announces Commitment to Seek Natural Gas Certification under Equitable Origin and MiQ Standards. EQT Corporation (NYSE: EQT) today announced its commitment to seek independent certification of a majority of its produced natural gas under certification standards developed by Equitable Origin and MiQ.
Where does Pennsylvania get its natural gas?
the Marcellus Shale
Pennsylvania’s marketed natural gas production, primarily from the Marcellus Shale, reached a record 7.1 trillion cubic feet in 2020, and the state is the nation’s second-largest natural gas producer after Texas.
How many customers does Peoples Gas have?
878,000 customers
Peoples Gas delivers natural gas to approximately 878,000 customers in the city of Chicago.
Who bought Aqua?
FORT WAYNE, Ind., May 17, 2021 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that it has acquired New Aqua, LLC and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million, subject to customary adjustments.
What is Peoples Gas Aqua rate credit?
Pennsylvania customers of both Aqua Pennsylvania and Peoples will receive a one-time rate credit on their bill in 2020. There will be no other impact to customer bills at either utility as a result of the transaction. Essential has committed to no job loss at its utilities as a result of the combination.
Is EQT and Equitrans the same company?
EQT Corp. late Monday completed its long-awaited split into two publicly traded companies, a natural gas exploration and production company that will retain the name EQT and a pipeline operator known as Equitrans Midstream Corp.
What does EQT gas stand for?
Equitable Resources, Inc.
In February 2009, the company changed its name from Equitable Resources, Inc. to EQT Corporation. In 2011, EQT opened one of the first compressed natural gas (CNG) fueling stations in the Strip District of Pittsburgh.
What is the largest fuel source for electricity in Pennsylvania?
Nuclear power is the largest share of Pennsylvania’s electricity – in fact, Pennsylvania is second only to Illinois in nuclear electricity generation, says the EIA. In 2017, nuclear powered 42% of the state’s electricity. However, nuclear power must contend with increasingly competitive natural gas.
Where does PECO get its energy?
PECO was generating more than 65% of its electricity from its nuclear plants, which in addition to Peach Bottom and Limerick included the Salem Generating Station in New Jersey, whose ownership, like Peach Bottom’s, PECO shared with other utilities.