Sempra to acquire Willmut Gas - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

Sempra to acquire Willmut Gas

HATTIESBURG, MS (WDAM) -

The following is a press release:

Sempra U.S. Gas & Power, a subsidiary of Sempra Energy announced Tuesday that it has agreed to purchase Hattiesburg, Miss.-based Willmut Gas & Oil Company. The terms of the deal were not disclosed.

The privately-held natural gas utility provides service to about 20,000 customers in greater Hattiesburg as well as portions of Covington, Jones, Rankin and Simpson Counties, and has operated for more than 75 years. 

The acquisition expands Sempra U.S. Gas & Power's growing natural gas footprint in the Southeast U.S.  The company owns Mobile Gas, a natural gas distribution utility that serves approximately 90,000 residential, commercial and industrial customers in Mobile, Ala., along with several natural gas storage and pipeline assets in Mississippi, Louisiana, and Alabama.

The transaction requires approval by the Mississippi Public Service Commission.

 

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