Unitil closes $55.8M acquisition of two NH water companies, adds 11,000 customers

Filed July 7, 2026 · Period ending June 30, 2026 · ~1 min read

Key Changes

• high

  Unitil completed purchase of Aquarion Water Company of NH and Abenaki Water Co. for $55.8M on June 30, 2026, adding ~11,000 customers across eight NH communities and $47M rate base to its portfolio.

  Exhibit 99.1 verify on EDGAR →
• high

  Company financed the acquisition with a $42.7M draw on its $50M Tranche B credit facility from Scotiabank at SOFR+1.25%, bringing total facility utilization to $128.7M across two tranches.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Acquisition scope narrowed from original May 2025 agreement to exclude Massachusetts water company, proceeding only with two NH entities after regulatory approvals from NH and Maine utility commissions.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →