Bernhard Capital Partners Completes Acquisition of New Mexico Gas Company

โดย PR Newswire·US·Read original
Summary · why it matters

Bernhard Capital Partners has completed its acquisition of New Mexico Gas Company from Emera Inc. The transaction follows approval from the New Mexico Public Regulation Commission. New Mexico Gas Company, headquartered in Albuquerque, is the state's largest regulated natural gas utility, serving more than 550,000 homes and businesses with over 750 employees. The utility will continue operating under its existing name and management team. This acquisition adds to Bernhard's portfolio of regulated utility companies, which includes National Water Infrastructure, Clear Current, Delta Gas Company, and Magnolia Gas Company.

Impact on assets 1

Energy Transition & Power Demand▼ · 1 stocks
Emera Incorporated
EMA
▼ NegativeCapitalrelevance

Emera divests New Mexico Gas Company, losing a regulated utility asset.

Off-coverage companies 5

Bernhard Capital PartnersPrivate▲ Positive
Capitalrelevance

Bernhard Capital Partners completes acquisition, expanding its utility portfolio.

Clear CurrentPrivate± Mixed
relevance

Delta Gas CompanyPrivate± Mixed
relevance

National Water InfrastructurePrivate± Mixed
relevance

New Mexico Gas CompanyPrivate± Mixed
relevance

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