PUC Approves Merger and Transfer of Certain Pipeline Assets

November 15, 2013
Posted By: Matthew L. Lambach

The Pennsylvania Public Utility Commission (“PUC”) unanimously approved a settlement that merges Equitable Gas Co. with Peoples Natural Gas Co. and transfers certain pipeline assets from Peoples to EQT Corp., the parent company of Equitable.  The PUC approved Administrative Law Judge Mark Hoyer’s Initial Decision, which found the settlement to be in the public interest.  The companies filed a joint application for all of the necessary PUC approvals on March 19, 2013.