UIL Holdings Corporation to Acquire Storage Facility

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07 Aug 2014 16:30 Valerie Rose

CHEMMONITOR.COM - US company UIL Holdings Corporation will buy a liquefied natural gas (LNG) storage facility with related assets for USD 20 million. The plant, which is operated by US-based natural gas distribution company The Southern Connecticut Gas Company, is situated in Milford (Connecticut). UIL Holdings Corporation bought the assets through its affiliate in late July 2014.

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