National Grid to buy US gas company
ELECTRICITY network operator National Grid has agreed to buy the Rhode Island gas distribution business from Southern Union Company for $498m cash plus the assumption of $77m of debt.
Southern's Rhode Island operations serve 245,000 customers, with the network overlapping National Grid's existing electricity distribution company in Rhode Island.
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Thursday 23 May 2013
Today
Light showers
Temperature: 5 C to 10 C
Wind Speed: 25 mph
Wind direction: North west
Tomorrow
Sunny spells
Temperature: 3 C to 13 C
Wind Speed: 20 mph
Wind direction: North east
