One-Page Deal Sheet
Black Hills Corporation Gas Facility in Wyoming
Black Hills Corporation Not Disclosed
Announced Date
January 10,2014
Transaction Type
Asset
Location
Country
United States
State
Wyoming
Transaction Details: Subscribe to see
Black Hills Corp. has entered into an agreement to acquire certain gas transmission and distribution utility assets of MGTC, Inc. a certificated Wyoming public gas utility and an indirect, wholly owned subsidiary of Anadarko Petroleum Corporation.
Black Hills Corp. will acquire the MGTC assets in northeastern Wyoming for $6 million, subject to customary closing adjustments. The MGTC system being acquired by Black Hills currently serves approximately 400 customers, principally in northeastern Wyoming, and its annual throughput exceeds 2.8 Bcf. The transaction requires approval by the Wyoming…
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