homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


print  email to a friend  reprints add to mydjc  

December 17, 2021

NW Natural Water

NW Natural Water, a wholly-owned subsidiary of Northwest Natural Holding, has agreed to purchase an ownership stake in Avion Water, the largest investor-owned water utility in Oregon. Avion Water operates in Bend and the surrounding communities, serving approximately 15,000 customer connections and employing 35 people. Avion Water's existing management team, including president Jason Wick and CFO Rick Bailey, will continue to lead the company and manage day-to-day operations. The transaction is expected to close in December 2021. Northwest Natural Holding is headquartered in Portland, and has been doing business for over 160 years in the Pacific Northwest. It owns NW Natural Gas, NW Natural Water, and NW Natural Renewables Holdings. NW Natural is a local distribution company that currently provides natural gas service to approximately 2.5 million people in more than 140 communities in Oregon and Southwest Washington.




Email or user name:
Password:
 
Forgot password? Click here.