The combined company will deliver more for people across the region. More clean energy choices, more investments in the community, a commitment to good, secure jobs—all with affordable prices and best-in-class service.
AltaGas Ltd. and WGL Holdings, Inc. filed applications today seeking regulatory approval by the Public Service Commission of the District of Columbia, the Maryland Public Service Commission and the Virginia State Corporation Commission to combine their operations. The companies announced their plan to combine on January 25, 2017.
AltaGas and WGL have also filed their voluntary Joint Notice to the Committee on Foreign Investments in the United States, and an application with the Federal Energy Regulatory Commission. The transaction is also subject to the notification and reporting requirements under the Hart-Scott-Rodino Act, and other customary closing conditions.
“We have a tremendous opportunity ahead of us to combine two leading companies with a complementary set of energy businesses to deliver value to customers at affordable prices,” said David Harris, President and CEO of AltaGas. “Together we will deliver cleaner energy choices, increased investment in the community and good secure jobs for people living and working in the region.”
“WGL is proud of its 170-year record of providing superior service to the region,” said Terry McCallister, Chairman and CEO of WGL. “We’re excited to join with AltaGas because this combination will deliver even more value to our customers, while keeping rates affordable, and promoting job creation and cleaner energy choices.”
Links to the filed applications can be viewed at: