Pure gasoline and water utility NW Pure Holding Co. (NW Pure Holdings) and its subsidiary Northwest Pure Gasoline Co. (NW Pure) have appointed the chief of a building agency and a sportswear govt as administrators.
Peter Bragdon, govt vp, chief administrative officer and common counsel of Columbia Sportswear Co., will function an unbiased director at Portland, Oregon-based NW Pure Holdings efficient July 12.
NW Pure additionally named Bragdon to its board of administrators from the identical date, in addition to Hoffman Building Co. president and chief govt Dave Drinkward efficient June 30.
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“They’re each leaders at revered, industry-leading corporations and their insights shall be invaluable as the corporate continues to develop”, NW Pure Holdings board chair Malia H. Wasson mentioned in a web-based assertion. “We tremendously worth each Peter and Dave’s contributions to our native Pacific Northwest group, which is consistent with NW Pure’s core values”.
Bragdon has served in his present roles at Columbia since 2015. Beforehand he served as chief of employees at Oregon’s gubernatorial workplace from January 2003 to June 2004. Presently Bragdon serves as board chair on the Oregon Neighborhood Basis. He additionally serves on the boards of the World Federation of the Sporting Items Business and the Footwear Distributors and Retailers of America, in addition to the board of trustees of Reed School.
Bragdon obtained a Juris Doctorate from Stanford Regulation Faculty, a Grasp of Research in Regulation diploma from Yale Regulation Faculty and a Bachelor of Arts (BA) diploma from Amherst School, based on NW Pure Holdings.
Drinkward has held his present positions at Hoffman since November 2018. Drinkward additionally serves on the boards of a number of organizations together with the ACE Mentor Program of America, Meals on Wheels Folks and the Oregon Enterprise Council. He’s additionally a trustee of Willamette College.
He holds a Juris Doctorate from Willamette College School of Regulation and a BA in Psychology diploma from Linfield School, NW Pure Holdings mentioned.
NW Pure Holdings expanded its portfolio this 12 months with the acquisition of Texas gasoline utilities SiEnergy Working LLC and Hughes Gasoline Assets Inc.
SiEnergy, acquired January from Ridgewood Infrastructure LLC, serves round 70,000 residential and industrial prospects within the larger metropolitan areas of Austin, Dallas and Houston.
NW Pure Holdings expects SiEnergy to have roughly $247 million in fee base as of December 2024 and to have achieved a fee base and buyer development of 26 % and 22 % compounded yearly, respectively, over the 5 years to 2024.
Final month NW Pure Holdings mentioned SiEnergy had accomplished the acquisition of Hughes Gasoline Assets from EPCOR USA Inc. for $60 million.
Hughes, or EPCOR Texas Gasoline, operates about 6,900 metered connections and 353 miles of pipeline serving 12 communities northeast of Houston, based on EPCOR USA, a subsidiary of Edmonton, Canada-based EPCOR Utilities Inc.
NW Pure Holdings expects EPCOR Texas Gasoline to have a fee base of about $46 million by year-end.
It plans to rebrand EPCOR Texas Gasoline as Pine Holdings Inc.
To contact the creator, electronic mail jov.onsat@rigzone.com
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