Acquisition expands Ferrellgas’ customer base on West Coast
September 7, 2012 By Kevin Yanik
Ferrellgas recently acquired Capitol City Propane, adding to its customer base in California.
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Ferrellgas recently acquired Capitol City Propane, adding to its customer base in California.
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Chesapeake Utilities Corp. has agreed to purchase the operating assets of Eastern Shore Gas Co. and its affiliate, Eastern Shore Propane Co.
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Paraco Gas Corp., the 15th largest U.S. propane retailer in LP Gas’ 2011 Top 50 rankings, joined the national Alliance AutoGas network to provide a complete alternative fuel program to fleets in areas of Connecticut as well as New York City and surrounding counties.
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Inergy LP agreed to sell its retail propane operations to Suburban Propane Partners LP for about $1.8 billion, the companies announced. The transaction is expected to close in the fourth quarter of this year.
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Measurement Technology Group Inc. has purchased the assets of Itron’s Greenwood, S.C., facility, which manufactures Neptune brand measurement systems, and will do business as Red Seal Measurement. The Greenwood plant will remain the worldwide headquarters.
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The propane master limited partnership, which signed merger agreements with High Sierra Energy, says it will be a full-service midstream solution.
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The transaction complements Inergy Midstream’s existing natural gas and NGL storage and transportation platform.
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NDR Energy expects its deal with Southern California Gas to generate millions in additional revenues and profits.
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Inergy LP has agreed to sell its retail propane operations in a multibillion-dollar deal.
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NGL Energy Partners LP has come to an agreement with Downeast Energy Corp.
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