Oklahoma City On Tuesday (August 15), the Oklahoma Corporation Commission voted unanimously to dismiss a 2021 application by Arkansas Oklahoma Gas Corporation (AOG) to finance its fuel cost debt
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FORT SMITH, Ark., April 29, 2021 /PRNewswire/ Summit Utilities, Inc. ( Summit ) announced today that it has signed a definitive agreement to acquire the Arkansas and Oklahoma gas distribution assets of CenterPoint Energy, Inc. ( CenterPoint ) for an enterprise value of $2.15 billion.
CenterPoint s Arkansas and Oklahoma gas distribution systems serve approximately 525,000 customers and include 17,000 miles of gas main pipeline across Arkansas, Oklahoma and Texarkana, Texas. In 2017, Summit expanded its footprint to Arkansas and Oklahoma with our acquisition of Arkansas Oklahoma Gas Corporation. Today, we couldn t be more excited to announce our plans to serve more communities in these two great states with the acquisition of CenterPoint s Arkansas and Oklahoma gas distribution systems, said Summit Utilities President and CEO Kurt Adams. CenterPoint has built a strong reputation for quality customer service and we are eager to carry on t