Eastern Gas Transmission & Storage Inc, founded in 1995 and located in Pennsylvania, specializes in the transportation and storage of natural gas across the northeast United States. The company operates a network of pipelines and underground storage facilities to ensure reliable energy delivery, catering primarily to utility companies and large industrial clients.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Eastern Gas began its bond issuance program in 2005, focusing on raising capital for infrastructure improvements and expansion projects. Notable bond offerings include a $250 million issuance in 2015, which helped finance the expansion of its storage capacity. Currently, the yields on Eastern Gas bonds are competitive within the industry, reflecting strong underlying cash flows and operational stability. Recent news highlights a planned issuance aimed at funding enhancements to its pipeline network, which may feature innovative green financing options to support sustainability initiatives.