Columbia Selling Mass. Gas Utility Biz to Competitor Eversource

Columbia Gas of Massachusetts (NiSource) never quite recovered (reputationally) from a series of explosions in September 2018 that occurred with its local delivery pipelines north of Boston (see Local NatGas Pipes Explode Near Boston Killing 1, Injuring 25). The explosions and resulting fires tragically killed one teenager and injured 25 others. It left some 8,600 households and businesses without natural gas for months. Several class action lawsuits were filed against the company, which got settled last summer for $143 million (see Columbia Gas Pays $143M to Settle Lawsuit from Mass. Explosions). We have two big pieces of news about Columbia.

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