Enstar Sold to AltaGas

Enstar, the natural gas utility in the Cook Inlet area, is being sold to a Canadian corporation. Enstar belongs to Semco Energy, which in turn was owned by Continental Energy Systems in Michigan. The company that is buying Semco is AltaGas, of Calgary, which already owns other natural gas distribution systems in the north and a hydro-electric project on the Iskut River in British Columbia. It is paying 1.135 billion dollars for a U-S presence.

Enstar spokesman John Sims says customers should see no change.

“It’s important to understand, or for customers to understand that this will have no immediate impact on base rates. There won’t be an adjustment in rates until 2014, which our next scheduled rate case is, so, you know, from that perspective, to customers, it should be seamless,” Sims said.

Sims also says Enstar’s president and management team have been retained and it’s largely unionized staff’s contracts will be honored by AltaGas.

The transaction is expected to be closed in the third quarter of 2012.

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Josh is the web producer for alaskapublic.org.

He has been a part of the web team since his internship during the summer of 2010.

Besides maintaining the website, he also reports for the Alaska Public Radio Network, gives occasional live news updates on KSKA 91.1FM during All Things Considered, runs camera and directs programs for Alaska Public Television, and has taken numerous photos and videos that appear on alaskapublic.org.

Prior to graduating from the Journalism and Public Communications Department at the University of Alaska Anchorage in December 2010, Josh worked at The Northern Light student newspaper where he and his staff won two Associated Collegiate Press Pacemaker Awards.

He has also been an adjunct instructor for the JPC department at UAA.

Born and raised in Anchorage, Alaska, Josh enjoys being outdoors, so when isn’t at work, you can usually find him out fishing, camping, hunting, four-wheeling, or snowmachining.

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