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Sale Of Parent Of Retail Supplier Set To Close After Last Regulatory Approval Granted

July 03,2018

WGL Holdings, Inc., the parent of retail supplier WGL Energy, and AltaGas Ltd. announced that they and the other parties to their unanimous settlement agreement signed in May have accepted the conditions imposed by the Public Service Commission of the District of Columbia (DC PSC).

The Commission unanimously approved the settlement agreement June 28 and issued its order on June 29. The acceptance of the conditions completes the final step in the regulatory review process, allowing the companies to move forward with closing the $4.5 billion transaction on Friday, July 6, 2018, the companies said

M&A   WGL Energy   AltaGas   WGES  

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