Northwest Natural Holding (NYSE: NWN) subsidiary SiEnergy Operating (SiEnergy) completed the acquisition of 100% of the capital stock of Hughes Gas Resources from EPCOR USA Inc. for $60 million.
Hughes serves approximately 6,900 connections in 12 communities northeast of Houston and is expected to have a rate base of approximately $46 million at the end of 2025.
After closing, Hughes will be be rebranded to Pines Holdings.