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Liberty Files to Adjust Natural Gas Rates to Enhance the Customer Experience

On November 22, 2021, Liberty submitted an application to the New Brunswick Energy and Utilities Board (NBEUB) that includes adjustments to the distribution rates and charges for all customer rate classes in 2022. Pending approval from the NBEUB, these new rates and charges would take effect on May 1, 2022 and reflect Liberty’s efforts to maintain a safe, reliable natural gas system and enhance our customers’ service experience.

Gilles Volpé Named One of Atlantic Canada’s 2021 Top 50 CEOs

On May 6, 2021, Gilles Volpé, Vice President of Liberty New Brunswick was named one of Atlantic Canada’s 2021 Top 50 CEOs. Volpé and the other almost-200 nominees for the Atlantic Business Magazine’s Top 50 CEO Awards were judged according to their corporate, community and industry involvement, their company’s growth in recent years, and their responses to various managerial challenges.

Liberty Utilities Applies To Lower Total Cost of Natural Gas

Liberty Utilities submitted an application to the New Brunswick Energy and Utilities Board (NBEUB) that includes adjustments to the distribution rates and charges for most customer rate classes in 2021 and a forecasted decrease in the Liberty Utility Gas supply cost in 2021. The proposed changes would result in reductions in the total cost of natural gas for all customers.

Algonquin Power and Utilities Corp. Recognition

We are pleased to announce that Algonquin Power & Utilities Corp., Liberty Utilities' parent company, has ranked within the 2020 Bloomberg Gender-Equality Index and the Corporate Knights’ Global 100 Most Sustainable Corporations in the World. These are great accomplishments that demonstrate our company’s commitment and achievements in sustainability and diversity and inclusion.

Algonquin Power & Utilities Corp. Completes Acquisition of New Brunswick Gas

Algonquin Power & Utilities Corp. ("APUC”)(TSX/NYSE:AQN) today announced that its subsidiary Liberty Utilities (Canada) LP (“Liberty Utilities”), APUC’s wholly-owned regulated utility business in Canada, successfully completed its acquisition of Enbridge Gas New Brunswick Limited Partnership along with its general partner (“New Brunswick Gas”), a subsidiary of Enbridge Inc. (TSX:ENB) (the “Transaction”). New Brunswick Gas is a regulated utility that provides natural gas to approximately 12,000 customers in 12 communities across New Brunswick, and operates approximately 1,200 km of natural gas distribution pipeline.

Enbridge Announces Sale of Enbridge Gas New Brunswick Business

Enbridge Inc. (“Enbridge” or the “Company”) (TSX: ENB) (NYSE: ENB) announced today that affiliates of Enbridge have entered into a definitive agreement for the sale of Enbridge Gas New Brunswick Limited Partnership and Enbridge Gas New Brunswick Inc. (together “Enbridge Gas New Brunswick” or the “Franchise”) to Liberty Utilities (Canada) LP (“Liberty Utilities”), a wholly owned subsidiary of Algonquin Power and Utilities Corp., for a cash purchase price of CAD $331 million. Closing of the transaction remains subject to the receipt of regulatory approvals and other customary closing conditions expected to occur in 2019.

Enbridge and Spectra Energy to Combine

Here at Enbridge Gas New Brunswick, we are excited about the recently announced combination of our parent company Enbridge with Spectra Energy. As a combined company, Enbridge and Spectra Energy will create North America’s premier energy infrastructure company with unmatched scale and diversity. This is great news for our customers and you can rest assured that Enbridge Gas New Brunswick will continue to deliver the great service you have come to expect.

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