|
|
|
|
|
Buyer for Utility With Gas Choice Program Confirmed
UIL Holdings Corporation, the parent of United Illuminating, this morning officially announced that it has reached a definitive agreement to acquire assets and certain liabilities of Philadelphia Gas Works from the City of Philadelphia for $1.86 billion in cash
PGW serves approximately 500,000 customers in the city of Philadelphia, and offers a choice program. PGW is currently in the midst of implementing purchase of receivables and other choice program enhancements (click here for details)
Approval of the transaction will be needed from the Philadelphia City Council and the Pennsylvania Public Utility Commission. UIL anticipates closing by the first quarter of 2015.
ADVERTISEMENT Search for more retail energy careers: Copyright 2010-
March 3, 2014
Email This Story
Copyright 2010-13 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Operations Specialist – Market Transactions -- Retail Provider -- Houston
• NEW! -- Manager, Channel Sales -- Retail Provider
• NEW! -- Regional Sales Manager -- Retail Provider -- PA, NY, IL, Various
• NEW! -- Regional Sales Manager, Texas -- Retail Supplier -- Houston
• NEW! -- Vice President of Operations -- Retail Supplier
• NEW! -- Senior Business Analyst -- Retail Supplier
• NEW! -- National Accounts, Sales Advisor – Commercial -- Retail Supplier
• NEW! -- Energy Analyst (aka Pit Crew Member) -- DFW
• NEW! -- Sales Representative -- Retail Supplier -- Houston
• NEW! -- Energy Sales Manager -- Retail Provider
RetailEnergyJobs.com
|
|
|
|