Southwest Gas Spinoff Notes
May 13, 2022 Update
On March 1, 2022, Southwest Gas announced the spin-off of its Unregulated Utility Services Business, Centuri, into an independent company.
- The spin-off is expected to happen in 2023 Q1 or Q2
- Centuri is in the energy modernization space
- The spin will leave Southwest Gas (RemainCo) as a fully regulated natural gas business
- The goal is to create two pure-play companies
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