Corning Natural Gas Holding Corporation Acquired by Argo Infrastructure Partners LP

CORNING, N.Y., July 06, 2022 (GLOBE NEWSWIRE) -- Corning Natural Gas Holding Corporation (Corning) announced today that Argo Infrastructure Partners, LP, an independent infrastructure investment manager, through its managed funds has completed the acquisition of 100% of Corning's common and preferred stock. The closing follows receipt of all required regulatory approvals in the previously announced merger agreement. Corning, a diversified gas and electric utility, will maintain its existing leadership team and employees with no changes in operations and customer service. Argo and Corning are committed to maintaining the same high levels of customer service, safety and reliability that have been hallmarks of Corning's three utility subsidiaries. Mike German, Corning's CEO and President, noted, "This merger will allow Corning's three utility subsidiaries to access long-term capital to invest more robustly in critical utility infrastructure. ... Full story available on Benzinga.com