Matti Taitz

Shelby Tucker

- **Unitil Corporation** completed the purchase of **Maine Natural Gas Company** from Avangrid Enterprises, Inc. on **October 31, 2025**.  **[755001_1cddf00cd8544de2876b72d075539e55_0]** 
- The acquisition involved a purchase price of **$86.0 million**, plus approximately **$7.1 million** for estimated working capital, with **$86.0 million** funded through a term loan from Scotiabank.  **[755001_1cddf00cd8544de2876b72d075539e55_0]** 
- Maine Natural Gas Company serves approximately **6,300 residential and commercial natural gas customers** and had an estimated **$69.0 million of rate base** as of December 31, 2024.  **[755001_1cddf00cd8544de2876b72d075539e55_0]** 
- With this acquisition, Unitil now serves approximately **213,300 customers** across Maine, New Hampshire, and Massachusetts.  **[755001_1cddf00cd8544de2876b72d075539e55_0]**

UNITIL (UTL)