20190429Press Release and Customer Notice.pdf

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ATTACHMENT 3
GEM STATE WATERCOMPANY
PRESS RELEASE
3n9D019 Press Release
Press Release Home Press Release
NW Natural Water Signs Agreements to Purchase Water Companies in ldaho and Washington
Company Release - 312212019 4:26 Plvl ET
PORTLAND. Ore.. March 22.2019 (GLOBE NEWSWRE) - NW Natural Water Company, LLC (NW Natural Water), a subsidiary of Northwest Natural Holding Company
(NYSE:NWN) (NW Natural Holdings), has signed agreements through its subsidiaries to acquire six water utility systems and one water and wastewater management company,
together seruing nearly 1 ,200 water distribution connections and managing another 1,000 water and wastewater customeE.
The acquisitions include the water systems of Spirit Lake East, Lynnwood, Diamond Bar Estates. and Bar Circle "S", as well as Water Works Management, all located in or around
Coeur d'Alene, ldaho. ln addition, agreements have been signed to acquire the water syslems of Estates and N,4onterra in Sequim, Washington.
footprint in Washington's Puget Sound region. We're excited to serue these mmmunities and look foMard to providing them safe, reliable and affordable seruice, just like we do
every day for our olher natural gas and water utility customers."
expected to close in the summer of 20'19.
ABOUT NW NATURAL HOLDINGS
Northwest Natural Holding Company, (NYSE: NWN) (NW Natural Holdings), is headquartered in Portland, Oregon, afld through its subsidiaries has been doing businessfor 160
years in the Pacific Northwest. lt owns NW Natural Gas Company (NW Natural), NW Natural Water Company (NW Natural Water), and other business interests and activities,
NW Natural currently provides natural gas seruice to approximately two million people in more than 140 communities through more than 750,000 meters in Oregon and Southwest
Washington with one ol the most modem pipeline systems in the nation. NW Natural consistently leads the industr with high J.D. Power & Associates customer satisfaction scores.
NW Natural is cutently constrcting a 2.5 Bc{ regulated gas storage expansion of its 1 6 Bcf facility in Oregon to support renewables. NW Holdings' subsidiaries own and operate 31
Bcf of underground gas storage capacity.
the pacific Northwest with total investments of nearly $70 million.
Additional information is available at nwnaturalholdings.com.
FORWARD LOOKING STATEMENTS This report, and other presentations made by NW Natural Holdings from time to time. may contain foruard-looking statements within the
proceedings or future regulatory approvals, and other statements that are other than statements of historical facts.
FoMard-looking statements are based on our current expectations and assumptions regarding our business, the economy and otherfuture conditions. Becuse foMard-looking
those mntemplated by the foMardlooking statements. We €ution you therefore against relying on any oI these foMard-looking statemenls. They are neither statements of
and Results of Operations" and "Quantitative and Qualitative Disclosure about Market Risk" in Northwest Natural Gas Compary's most recent Annual Reporl on Form 10-K, as
Qualitative Disclosures About l\,4arket Risk," and Part ll, ltem 1 A, "Risk Factors," in such company's quarterly reports filed thereafter.
All forward-looking statements made in this report and all subsequent foMard-looking statements, whether written or oral and whether made by or on behalf of NW Natural
Holdings, are expressly qualified by these cautionary statements. Any forard-looking statement speaks only as of the date on which such statement is made, and we undertake no
obligation to publicly update any foMard-looking statement, whether as a result of new information, future developments or otheMise, except as may be required by taw.
New factors emerge from time to time and it is not possible for the company to predict all such factors, nor can it assess the impact of each such factor or the extent to which any
factor, or combination of factors, may cause results to differ materially from those contained in any foMard-looking statements.
lnvestor Contact: Nikki Sparley
Media Contact: Melissa Moore,
503-7 21 -2530, [e-mail]
5O3 -220-2436, melissa.moore @nwnatu ral. co m
{r ,{W xoturqlltoLttl.et"
Source: NW Natural
Copyright 2019, L-r S&P Globa; Marker lnr"llig*[99 Terms of l]se
ATTACHMENT 3 TO APPLICATION
GEM STATE WATER
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ATTACHMENT 4
GEM STATE WATER COMPANY
CIJSTOMERNOTICE
DIAMOND BAR ESTATES & BAR CIRCLE "S"
CUSTOIVI ER I N FORMATION
Dear customers,
ln March 2019, Gem State Water Company, a subsidiary of NW Natural Water, entered into an
agreement to acquire the water utilities of Diamond Bar Estates and Bar Circle "S".
After the sale is approved, the utilities will continue to be operated locally with the oversight of Gem
State's North ldaho team made up of professionals from the Coeur d'Alene area. Gem State Water,
Diamond Bar Estates and Bar Circle "S" expect that the transition will be seamless to customers.
The ldaho Public Utilities Commission (IPUC) is currently reviewing the filing. To follow the regulatory
process, check the Commission's website at www.puc.idaho.qov or use the contact information listed
below.
About NW NaturalWater
NW Natural Water currently provides water distribution service to approximalely 22,000 people through
7,400 connections. Since 2018, NW Natural Water has acquired a number of water distribution systems
and has additional acquisitions pending. Upon closing all outstanding transactions, cumulatively, NW
Natural Water will serve approximately 45,000 people through about 18,000 connections in the Pacific
Northwest. NW Natural Water is a subsidiary of NW Natural Holdings (NYSE:NWN) and is headquartered
in Portland, Oregon.
More information
lf you have questions about the transaction and transition to Gem State Water, contact Diamond Bar
Estates, Bar Circle'S', NW Natural Water, or the IPUC using the following information. (Note: this is for
information about the transaction. Please continue to contact Diamond Bar or Bar Circle "5" for customer
billing and seruice information.)
Diamond Bar Estates, Bar Gircle "S"
Attn: Robert N. Turnipseed
2953 N. GovernmentWay, Coeur D'Alene, lD 83815
avondalecon@frontier. com
208-665-9200
NW NaturalWater
Attn: Melissa Moore
220 N.W. Second Ave., Portland, OR 97209
mel [e-mail]
503-226-4211
www. nwnaturalwater.com
ldaho Public Utilities Commission
Aftn: Matt Evans, Public lnformation Officer
472W. Washington, Boise, lD 83702
Matt. Evans@puc. idaho. gov
208-334-0339
www.puc.idaho.oov
Y Gem Stote
WATER*
ATTACHMENT 4 TO APPLICATION
GEM STATE WATER
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