Feature
September 2012, Vol. 239 No. 9
Atmos Energy Completes Sale of LDC Assets In Missouri, Illinois, Iowa
Atmos Energy Corp. completed the sale of its natural gas distribution assets in Missouri, Illinois and Iowa to Liberty Energy (Midstates) Corp., an affiliate of Algonquin Power & Utilities Corp. The deal includes transfer of 84,000 residential and commercial meters. Net cash proceeds for rate base and related working capital were $129 million.