NW Natural Water Announces Acquisition of Puttman Infrastructure and Infrastructure Capital Holdings

Tom Puttman to join company as president of NW Natural Water

PORTLAND, Ore.--(BUSINESS WIRE)-- NW Natural Water Company, LLC (NW Natural Water), a wholly-owned subsidiary of Northwest Natural Holding Company (NYSE:NWN) (NW Natural Holdings), has agreed to acquire all the interests of Infrastructure Capital Holdings (ICH), which includes the assets of Puttman Infrastructure (Puttman). The acquisition will add approximately 4,200 water, wastewater and recycled water customers across Oregon, Idaho and California, expanding to an expected 19,000 connections at full buildout. Upon closing, Tom Puttman, president of Puttman Infrastructure and ICH, will join the company as president of NW Natural Water.

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Scott Peters