Eversource to buy Columbia Gas for $1.1B; expects to work with regulators and consumer groups over 30 days – masslive.com

Eversource Energy announced Wednesday that it has reached an agreement to purchase the Massachusetts natural gas assets of Columbia Gas for $1.1 billion from NiSource.  The acquisition will bring Columbia Gas operations in Massachusetts under local ownership by the largest energy company in New England, Eversource said in a news release after the stock markets closed.  Eversource and NiSource expect to close the transaction by the end of the third quarter of this year.

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