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Asset Summaries

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AQN Fact Sheet - White Hall Water Acquisition
AQN Fact Sheet - New England Gas Acquisition
AQN Fact Sheet - Shady Oaks Acquisition
AQN Fact Sheet - Georgia Gas Acquisition
AQN Fact Sheet – Midwest Gas Acquisition
AQN Fact Sheet – Arkansas Water Acquisition
AQN Fact Sheet – New Hampshire Gas & Electric Acquisition
AQN Fact Sheet – AWPH Acquisition

M&A History<< Return to Mergers & Acquisitions
Deal Overview
Buyer: Algonquin Power & Utilities Corp.
Actual Acquirer: Liberty Utilities Co.
Target: New Hampshire Gas Corporation
Deal Type: Utility
Agreement Date1/2/2015
Announcement Date1/2/2015
Announcement Deal Value ($000)3,000
Short-term and Current Long-term Debt ($000)NA
Cash and Cash Equivalents ($000)NA
Current Investments ($000)NA
Inventories ($000)NA
Obligations under Capital Leases ($000)NA
Postretirement Benefits ($000)NA
Announced Transaction Value ($000)3,000
StatusCompleted
Completion Date1/2/2015
Announced Deal Value Per Share ($)NA
Consideration Breakout
Unclassified ($M)3.0
Deal Terms
Description of Consideration
Algonquin Power & Utilities Corp. paid $3 million to acquire  New Hampshire Gas Corp. from Iberdrola USA Networks, Inc.
Accounting MethodAcquisition
Merger of Equals?
Geographic Expansion?NA
Goodwill Generated ($000)NA
Estimated Cost Savings (%)NA
Est. Restructuring Charges ($000)NA
Termination Fee ($000)
Exchange Ratio (Common For Common)NA
Exchange Ratio (Common For Preferred)NA
Exchange Ratio (Preferred For Common)NA
Exchange Ratio (Preferred For Preferred)NA
Strike Price ($)NA
% of Shares OutstandingNA
Shares Under OptionNA
Deal Advisers - Financial Advisers
Party AdvisedAdviser Hired?Firm Name
BuyerNANA

Deal Advisers - Legal Counsel
Party AdvisedAdviser Hired?Firm Name
BuyerNANA
SellerYesLatham & Watkins LLP