April 11, 2015
Colorado natural-gas utility offered for sale by GE, Alinda Capital
SourceGas LLC, a natural gas supplier based in Golden, reportedly is being put on the market by its owners, GE Energy Financial Services and Alinda Capital Partners LLC.
The Wall Street Journal report s that the sale of the utility could bring more than $1.5 billion.
SourceGas serves some 415,000 customers in Colorado as well as Nebraska, Wyoming and Arkansas. It operates 18,290 miles of distribution, gathering and transmission pipeline, and also offers in-home HVAC and appliance service and sales.
According…