Unitil Corporation amended its acquisition agreement to drop the purchase of Aquarion Water Company of Massachusetts, while proceeding with the purchases of Aquarion Water Company of New Hampshire and Abenaki Water Co. The company also entered into a new credit agreement with The Bank of Nova Scotia, providing up to $86 million for the acquisition of Maine Natural Gas Corporation and $50 million for the water utility purchases. The loans are due in October 2026 and June 2027 respectively, with no prepayment penalty.
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