Maryland Public Service Commission Approves $4.5 Billion Merger of WGL Holdings, Inc. and AltaGas Ltd.April 05, 2018
Maryland joins Virginia, the Federal Energy Regulatory Commission, the Federal Trade Commission, the Department of Justice, and the Committee on Foreign Investment in approving the combination
The District of Columbia Public Service Commission’s review is continuing
AltaGas and WGL are reviewing the Commission’s changes in the order and expect to respond soon
WASHINGTON--(BUSINESS WIRE)--The Maryland Public Service Commission announced its approval Wednesday of the combination of WGL Holdings, Inc. (NYSE:WGL) with AltaGas Ltd. (TSX:ALA). The $4.5 billion merger brings together two complementary energy companies committed to delivering more value for customers in Maryland and promises more investment in energy infrastructure and clean energy across the state.
WGL Holdings, Inc.
Brian Edwards, 202-624-6620
Douglas Bonawitz, 202-624-6129