Eversource Energy is spending $1.1 billion to acquire the Massachusetts assets of Columbia Gas, which was hit with a $53 million criminal penalty this week after natural gas ignited in September 2018 to damage dozens of homes in multiple towns north of Boston. Columbia Gas pipes natural gas to about 330,000 customers in 60 cities and towns in Massachusetts, effectively doubling Eversource’s existing customer base in the commonwealth where it has corporate offices in Boston in addition to Hartford. In announcing the acquisition, Eversource noted that there is overlap between the existing Columbia Gas customer base and its own for electric service in Massachusetts, where it has some 1.5 million accounts.
https://www.middletownpress.com/business/article/Eversource-to-acquire-MA-gas-supplier-after-53M-15088618.php