National Fuel raises $350mn through private placement to fund strategic acquisition
National Fuel has secured $350mn in a private placement of common stock with accredited investors to support the acquisition of CenterPoint’s regulated gas business in Ohio.
| Sector | Gaz, Gaz naturel |
|---|---|
| Theme | Investissements & Transactions, Financement, Développement de projets |
U.S.-based energy group National Fuel Gas Company announced it has raised gross proceeds of $350mn through a private placement of approximately 4.4 million common shares, sold at a price of $79.50 per share. The transaction, expected to close on December 17, was signed with a select group of accredited investors under a subscription agreement.










Comments
Sign in to leave a comment.