August 25, 2016 5:42 AM ET

Gas Utilities

Company Overview of Northern Illinois Gas Company

Company Overview

Northern Illinois Gas Company, doing business as Nicor Gas Company, operates as a regulated natural gas distribution utility in the United States. It also operates the Chicago Hub, which provides natural gas storage and transmission-related services to marketers and other gas distribution companies. The company serves approximately 2.2 million residential, commercial, and industrial customers in Illinois, excluding the city of Chicago. It owns and operates 8 underground natural gas storage facilities with a total inventory capacity of approximately 150 billion cubic feet. The company was founded in 1954 and is based in Naperville, Illinois. Northern Illinois Gas Company operates as a subsidi...

1844 Ferry Road

Naperville, IL 60563-9600

United States

Founded in 1954

2,050 Employees

Phone:

630-983-8888

Key Executives for Northern Illinois Gas Company

Chairman and Chief Executive Officer
Age: 55
President
Age: 47
Chief Financial Officer and Executive Vice President
Age: 50
Chief Accounting Officer and Senior Vice President
Age: 55
Chief Ethics & Compliance Officer, Executive Vice President and General Counsel
Age: 58
Compensation as of Fiscal Year 2016.

Northern Illinois Gas Company Key Developments

Northern Illinois Gas Company Enters into Second Amendment and Extension Agreement with Respect to the Credit Agreement

On October 30, 2015, Northern Illinois Gas Company entered into a Second Amendment and Extension Agreement with respect to the Credit Agreement, dated as of December 15, 2011, by and among Nicor Gas, the lenders party thereto, and SunTrust Bank, as administrative agent. The Nicor Gas Credit Agreement Amendment amends the Nicor Gas Credit Agreement to, among other things, extend the maturity date of the Nicor Gas Credit Agreement to December 14, 2018, provide for the limited consent by the lenders party to the Nicor Gas Credit Agreement Amendment to the proposed Southern Company-AGL Merger, and modify the event of default triggered by a change of control to provide for the Southern Company-AGL Merger, in each case subject to the terms and conditions of the Nicor Gas Credit Agreement Amendment.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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