Brief: National Gas & Electric reaches agreement to acquire retail energy companies with over 500,000 customers

Via Renewables

02/02/2016 23:54

Feb 2 (Reuters) - National Gas & Electric: 
 * National Gas & Electric, llc reaches agreement to acquire retail energy 
   companies with over 500,000 customers 
 * National Gas & Electric - intends to fund acquisitions with a combination of 
   the sale of a portion of Spark common stock held by ng&e's parent 
 * National Gas & Electric - intends to fund acquisitions also with leveraging 
   of the parent's balance sheet 
 
 * Source text for Eikon  ID:nGNXMMEYHa  
 
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