Piedmont Nat Gas Reports Added $22.5M Investment in AGL Venture, Maintains 15% Stake in Venture
September 06, 2013 at 09:02 AM EDT
Piedmont Natural Gas (NYSE: PNY ) today announced an additional $22.5 million cash contribution to its existing investment in SouthStar Energy Services, a joint venture with AGL Resources (NYSE: GAS ). The additional investment, effective September 1, maintains Piedmont's 15 percent ownership level in SouthStar, which markets and sells unregulated retail natural