Ridgewood Infrastructure Announces Sale of SiEnergy Regulated Utility

Core Insights - Ridgewood Infrastructure successfully sold its 80% interest in SiEnergy to Northwest Natural Holding Company [1] - SiEnergy is a regulated utility providing essential natural gas services to over 70,000 customers in major Texas metropolitan areas [2] - Under Ridgewood's management, SiEnergy has transformed into one of the fastest-growing natural gas distribution utilities in the U.S. since its acquisition in 2019 [2][3] Company Performance - SiEnergy expanded its customer base from approximately 20,000 to more than 70,000 customers during Ridgewood's ownership [2] - The operational and service excellence focus of Ridgewood Infrastructure contributed to SiEnergy's scaling and future customer benefits [3] Advisory and Legal Support - RBC Capital Markets, LLC served as the exclusive financial advisor for Ridgewood Infrastructure in this transaction [3] - White & Case LLP acted as the legal advisor for Ridgewood Infrastructure [3] Company Background - Ridgewood Infrastructure specializes in infrastructure investments in the U.S. lower middle market, focusing on sectors such as Water, Energy Transition, Transportation, and Utilities [4]