Northwest Natural Holding Company Completes Acquisition of SiEnergy Operating, LLC to Expand Presence in Texas
Acquiring Company
NW Natural Holdings
Acquired Company
SiEnergy Operating
PortlandAustinEnergyOil And GasUtilitiesEnergyOil And GasUtilitiesDescription
Northwest Natural Holding Company, headquartered in Portland, Oregon, has successfully completed the acquisition of SiEnergy Operating, LLC, a rapidly growing natural gas distribution utility serving the greater metropolitan areas of Houston, Dallas, and Austin, Texas. This acquisition is strategic and aims to increase NW Natural Holding Company's presence in Texas, creating opportunities for organic growth and future expansion.
Quick answer
NW Natural Holdings is acquiring SiEnergy Operating, announced January 8, 2025. NW Natural Holdings is based in Portland, Oregon, United States.
- How much did NW Natural Holdings pay for SiEnergy Operating?
- The deal value was not disclosed.
- What does NW Natural Holdings do?
- NW Natural (NYSE: NWN) is a local natural gas distribution company that currently provides natural gas service to approximately 2 million people in more than 140 communities through more than 800,000 meters in Oregon..
- Where are NW Natural Holdings and SiEnergy Operating based?
- NW Natural Holdings is based in Portland, Oregon, United States. SiEnergy Operating is based in Austin, Texas, United States.
- Who are the decision-makers at NW Natural Holdings?
- Fundz holds 1 contact at NW Natural Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Oil And Gas
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- NW Natural Holdings completes acquisition of SiEnergy Operating, LLC (January 8, 2025)
- Aramco to acquire 25% stake in Unioil Petroleum Philippines to further expand its global retail network (February 19, 2025)
- Kinder Morgan's Subsidiary Hiland Partners Holdings LLC Completes $640 Million Acquisition of Natural Gas Gathering and Processing System From Outrigger Energy II, $640M (February 18, 2025)
- Alfa Laval to acquire NRG Marine to advance innovative anti-fouling technology (February 5, 2025)
- Kinder Morgan's Hiland Partners Holdings LLC to Acquire Gas Gathering & Processing System in Bakken from Outrigger Energy II (January 13, 2025)
- Constellation Energy Corporation to Acquire Calpine Corporation in $16.4 Billion Deal, $16B (January 13, 2025)
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When NW Natural Holdings changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired SiEnergy Operating?
SiEnergy Operating was acquired by NW Natural Holdings, based in Portland. The deal was reported on January 8, 2025. NW Natural Holdings is privately held and operates in Energy.
When did NW Natural Holdings acquire SiEnergy Operating?
NW Natural Holdings's acquisition of SiEnergy Operating was reported on January 8, 2025. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SiEnergy Operating do?
SiEnergy Operating, LLC is one of the fastest growing natural gas distribution utilities in the nation. It serves approximately 70,000 residential and commercial customers in the Texas Triangle. It is privately held, operating in Energy, and is based in Austin.
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