FairPoint acquires 8,500 New Hampshire electricity customers
TORONTO, Feb. 11, 2013 /CNW/ - Crius Energy Trust ("Crius Energy" or the "Trust") (TSX:KWH.UN) announced that Crius Energy, LLC (the "Company"), through its wholly-owned subsidiary FairPoint Energy LLC, has entered into an agreement with PNE Energy Supply LLC to acquire a portfolio consisting of approximately 8,500 residential and small commercial customer accounts in New Hampshire (the "NH Acquisition"). FairPoint Energy is currently licenced to sell and market electricity in New Hampshire. The NH Acquisition closed on February 6, 2013. The Trust indirectly owns a 26.8% ownership interest in the Company.
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