Brooklyn Union Gas Company, founded in 1886 and headquartered in Brooklyn, New York, is a prominent natural gas utility provider dedicated to delivering reliable energy solutions to residential and commercial customers. The company primarily offers natural gas distribution services, focusing on safety, operational excellence, and enhancing customer experience through innovative energy solutions.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company has a history of bond issuances dating back to the late 20th century, with significant bond offerings that support capital improvements and infrastructure upgrades. Notably, in 2019, Brooklyn Union Gas issued $200 million in green bonds to fund eco-friendly projects, reflecting an increasing trend toward sustainability in the utility sector. Current yields on these bonds remain competitive, aligning closely with industry averages, and the company is recognized for its robust credit profile, which helps maintain investor confidence amid fluctuating market conditions.