Algonquin Power & Utilities Corp. today announced that its subsidiary Liberty Utilities, APUC’s wholly-owned regulated utility business, successfully completed its acquisition of Enbridge St. Lawrence Gas, a subsidiary of Enbridge Inc. Enbridge St. Lawrence Gas is a regulated utility that provides natural gas to over 16,000 customers in 23 communities across Northern New York, and operates approximately 688 miles of natural gas distribution pipeline.Click Here
Algonquin Power & Utilities Corp. today announced that its subsidiary Liberty Utilities, APUC’s wholly-owned regulated utility business in Canada, successfully completed its acquisition of Enbridge Gas New Brunswick Limited Partnership along with its general partner (“New Brunswick Gas”), a subsidiary of Enbridge Inc. New Brunswick Gas is a regulated utility that provides natural gas to approximately 12,000 customers in 12 communities across New Brunswick, and operates approximately 1,200 km of natural gas distribution pipeline.Click Here
Liberty Utilities announced the completion of the acquisition and merger of The Empire District Electric Company (Empire). Based in Joplin, Missouri, Empire is an investor-owned, regulated utility providing electric, natural gas (through its wholly owned subsidiary, The Empire District Gas Company) and water service, with approximately 218,000 customers in Missouri, Kansas, Oklahoma, and Arkansas. A subsidiary of the Company also provides fiber optic services.Click Here
The Woodson-Hensley Water Company (Woodson-Hensley) serves the unincorporated towns of Woodson and Hensley, Arkansas, just 20 miles north of Pine Bluff, Arkansas.
Woodson-Hensley serves roughly 450 residential customers and had one employee for operation and maintenance of the system. With the announcement of his retirement, the company was in need of a solution.
In 2016, Liberty approached Woodson-Hensley with respect to acquiring their water storage and distribution system. Liberty was currently serving customers in the Pine Bluff area; with local support already in place, Liberty would be able to provide the needed O&M support. The water treatment plant and much of the underground infrastructure was replaced in the 2009 - 2010 time period utilizing loans and grants from the USDA.
In May 2016 the board of directors of Woodson-Hensley passed a resolution authorizing the sale to Liberty.
Liberty was able to utilize current employees to manage the new system from Woodson-Hensley. In addition, given, that the system had been well maintained, Liberty was able to keep customer rates the same as they were under Woodson-Hensley.Click Here