Summit Natural Gas of Maine Announces Expansion Plans for 2014
AUGUSTA, Maine, Nov. 26, 2013 /PRNewswire/ -- Summit Natural Gas of Maine announced today that it intends to move forward with an additional $110 million expansion plan in 2014. The company's plan includes expanding natural gas service to the towns of Cumberland, Falmouth and Yarmouth, and the phase two build out of their Kennebec Valley project that will benefit thousands of residents and businesses in Maine.
"This decision to invest $110 million in the two regions is part of our passionate commitment to deliver on our promise to provide a more affordable heating source across the state," said Mike Minkos, president of Summit Natural Gas of Maine.
Summit Natural Gas of Maine's construction on the natural gas pipeline is well underway in the Kennebec Valley, with 99 percent of the steel transmission pipeline that runs from Pittston to Madison already installed. Several construction firms have built out the first phase of the company's planned $350 million Kennebec Valley natural gas transmission and distribution project. To learn more about service areas and the construction project, call (855) 353-4433 or visit www.summitnaturalgasmaine.com.
Summit Utilities, Inc., the parent company of Summit Natural Gas of Maine, operates 20 natural gas districts throughout Colorado and Missouri, and specializes in providing natural gas to areas that are either hard to serve or that aren't being served. These districts represent approximately 40,000 customers, $292 million dollars in assets, 400 miles of high-pressure steel main lines and approximately 1,500 miles of polyethylene gas main lines.
About Summit Natural Gas of Maine, Inc.:
Summit Natural Gas of Maine, Inc. is a subsidiary of Summit Utilities, Inc. Summit Utilities, Inc. acts as a holding company that owns and operates Summit Natural Gas of Maine, Inc.; Colorado Natural Gas, Inc.; Summit Natural Gas of Missouri, Inc.; and Wolf Creek Energy LLC. The company's natural gas subsidiaries construct, install and operate natural gas distribution systems in order to provide natural gas to residential, commercial and industrial customers. For more information visit, www.summitnaturalgasmaine.com.
Media contact: Greg Glynn
Nancy Marshall Communications
SOURCE Summit Natural Gas of Maine, Inc.