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Maine’s largest natural gas provider, Unitil, to acquire Bangor Natural Gas Company

July 9, 2024

Maine’s largest natural gas provider, Unitil, to acquire Bangor Natural Gas Company

Jul 9, 2024

The largest provider of natural gas in Maine, Unitil, has agreed to purchase the Bangor Natural Gas Company, the state’s second-largest provider, the Unitil Corporation announced Tuesday.

Unitil said it will pay $70.9 million to PHC Utilities, a subsidiary of Hope Utilities, in order to acquire Bangor Natural Gas.

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