Rockpoint Gas Storage Seeks CPUC Approval for Potential Acquisition of Wild Goose and Lodi

Reuters01-13
Rockpoint Gas Storage Seeks CPUC Approval for Potential Acquisition of Wild Goose and Lodi

Rockpoint Gas Storage Inc. has announced the filing of a joint application with Brookfield Infrastructure Fund GP II, LLC, Wild Goose Storage LLC, and Lodi Gas Storage L.L.C. to the California Public Utilities Commission (CPUC). The application seeks CPUC authorization for Rockpoint to potentially acquire a controlling interest in Wild Goose and Lodi, both regulated gas storage utilities in California. Currently, Brookfield holds a 60% indirect interest in each company, with Rockpoint holding the remaining 40%. The application was submitted to preserve flexibility for a possible future transaction, subject to CPUC approval. No determinations or transactions are currently pending. The applicants have proposed a final decision from the CPUC by September 2026, but the timing remains at the CPUC's discretion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rockpoint Gas Storage Inc. published the original content used to generate this news brief via CNW (Ref. ID: C8596) on January 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment