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Jan 15, 2008

Alan Stone represents Bangor Gas Company, LLC in the acquisition of Bangor Gas by Energy West, Inc. from Sempra Energy

Category: Firm News

Granting the Petition filed by Skelton, Taintor & Abbott on behalf of Bangor Gas Company, LLC, the Maine Public Utilities Commission approved the acquisition of Bangor Gas from Sempra Energy to Energy West. Alan G. Stone, Esq., head of the Energy and Utilities team of Skelton, Taintor & Abbott, has represented Bangor Gas Company, LLC, since its organization in 1997.

Energy West acquired ownership of Bangor Gas on December 1, 2007, following approval of the reorganization. Bangor Gas is a natural gas local distribution company that operates and serves customers in Bangor, Bradley, Brewer, Bucksport, Eddington, Hampden, Herman, Milford, Old Town, Orono, Orrington and Veazie, Maine.

Bangor Gas was originally owned by Sempra Energy, a diversified energy company based in San Diego, California. Energy West, Inc is a shareholder-owned energy company serving utility customers in Montana, and Wyoming, North Carolina and now, Maine. Energy West sells and transports natural gas to approximately 36,000 customers.

Under its new ownership Bangor Gas will continue to expand natural gas service to new residential, industrial and commercial customers in and around the Bangor area. In granting the Petition to approve the acquisition and reorganization, the Public Utilities Commission found that the sale to Energy West was consistent with the public interest. The Maine PUC also approved Bangor Gas’ petition to extend the term of its alternative multi-year rate plan, and for an approval of a proposed support services agreement.

Skelton, Taintor & Abbott is general and regulatory counsel for Bangor Gas Company. Its experienced team of energy and public utilities attorneys provides a wide variety of services throughout the state to public utilities, municipalities, businesses interacting with public utilities, and members of the public on matters relating to energy (electric and natural gas), telecommunications, water and related services. These legal services include regulatory issues before the Maine Public Utilities Commission other administrative and government agencies and departments, negotiation and execution of commercial transactions including mergers and acquisitions; bond counsel services; legal and regulatory advice, counseling and planning; real estate matters; employment matters; legislative representation; and litigation.