NW Natural to acquire SiEnergy from Ridgewood Infrastructure for $425m.

NW Natural, a distribution company that currently provides natural gas service, agreed to acquire SiEnergy, a provider of premium natural gas services, from Ridgewood Infrastructure, a private equity firm, for $425m. “The acquisition of SiEnergy builds on our core strength of operating utilities and delivering essential services to customers. Texas is one of the fastest growing states in the nation with a constructive regulatory and policy environment. SiEnergy has a substantial number of contracts to add new customers in the coming years. We believe we will be well positioned to capture additional growth as Texas' population expands and new housing developments provide opportunities for new customers," David H. Anderson, NW Natural CEO.