trending Market Intelligence /marketintelligence/en/news-insights/trending/6kzqqqbzwmuv9qqo_tvdvw2 content esgSubNav
In This List

Unitil Energy prices $30M offering of bonds

Blog

Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024


Unitil Energy prices $30M offering of bonds

Unitil Energy Systems Inc. priced $30 million of its 4.18% series Q first mortgage bonds due 2048. The bonds will be sold to institutional investors in a private placement.

The Unitil Corp. subsidiary plans to use net proceeds to repay short-term debt and for general corporate purposes, according to a Sept. 4 Form 8-K filing.

The company expects to close the long-term financing in the fourth quarter, subject to execution of the definitive documentation and funding of the commitments.