Tuesday, February 09, 2016
Canadian company enters into deal to buy Empire District Electric
Customers will not have to go that far to find the reported new owners, but they still are located beyond the borders of the United States.
Algonquin Power and Utilities Corp., whose subsidiary Liberty Utilities reportedly is buying Empire District Electric for $2.4 billion, is based in Oakville, Canada.
The Empire purchase is not the first in the Show-Me State for Liberty Utilities, which bought Atmos Energy in Missouri in 2012, and has also bought companies in Illinois, California, Iowa, Georgia, Arkansas, Texas, Massachusetts, and New Hampshire.