Back to news

National Fuel Gas Company Completes Acquisition of CenterPoint Energy's Ohio Natural Gas Utility

Globe Newswire•01/10/2026•06:45 ET
0

Key Highlights

  • ➤Acquisition of Vectren Energy Delivery of Ohio completed by National Fuel (NFG)
  • ➤Ohio utility serves approximately 335,000 customers across 16 counties
  • ➤Utility rate base doubles following Ohio acquisition
  • ➤Utility customer base grows to approximately 1.1 million customers

Expert Statements

David P. Bauer, President and Chief Executive Officer of National Fuel Gas Company

“This acquisition is an important milestone, representing a significant step forward in advancing the strategy of growing our regulated utility business.”

David P. Bauer, President and Chief Executive Officer of National Fuel Gas Company

“With the addition of the Ohio service territory, we have significantly expanded our regulated footprint and strengthened the long-term foundation of the Company.”

David P. Bauer, President and Chief Executive Officer of National Fuel Gas Company

“We look forward to serving our new customers while maintaining our longstanding commitment to best-in-class safety, reliability and customer service.”

Michael D. Colpoys, President of National Fuel Gas Distribution Corporation

“We are excited to welcome our new customers in Ohio to National Fuel.”

Michael D. Colpoys, President of National Fuel Gas Distribution Corporation

“For 125 years, National Fuel has been focused on delivering natural gas safely, reliably and affordably.”

Michael D. Colpoys, President of National Fuel Gas Distribution Corporation

“Our message to customers is simple: your service will continue uninterrupted, and our focus is on providing the highest quality service from day one.”

Michael D. Colpoys, President of National Fuel Gas Distribution Corporation

“We look forward to earning the trust of customers across the greater Dayton and Miami Valley region and serving them with the same dedication that has defined National Fuel for generations.”

Michael D. Colpoys, President of National Fuel Gas Distribution Corporation

“The employees joining National Fuel today are the same dedicated professionals that customers have come to know and trust.”

Michael D. Colpoys, President of National Fuel Gas Distribution Corporation

“We look forward to building on the strong operational foundation they have established.”

Michael D. Colpoys, President of National Fuel Gas Distribution Corporation

“Their experience, expertise and deep connection to the communities we serve will be an important part of our success in Ohio.”

WILLIAMSVILLE, N.Y., Oct. 01, 2026 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE: NFG) today announced it has completed its previously announced acquisition of CenterPoint Energy's Ohio natural gas utility business, Vectren Energy Delivery of Ohio, LLC. The transaction closed today, following the satisfaction of customary closing conditions.

The newly acquired utility, which will be renamed National Fuel Gas Distribution of Ohio, LLC, serves approximately 335,000 customers across 16 counties in the Dayton and greater Miami Valley region.

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in