| Acquired by | Puget Holdings |
| Price | $7.4B |
| Date | 2/09 |
| Terms | Cash |
| Website | pugetenergy.com |
| Category | BioTech |
| Employees | |
| Description | cost-effective energy |
Puget Energy, a subsidiary of Puget Holdings LLC, is a Bellevue, Washington-based company whose core business is Puget Sound Energy, a regulated utility, providing electric and natural gas service to Western Washington.
Puget Energy’s focus is to concentrate on its core business: retail utility service within a regulated environment. The company’s strategy emphasizes meeting the energy needs of the growing PSE customer base through incremental, cost-effective energy conservation, low-cost procurement of traditional energy resources, and far-sighted investment in energy-delivery infrastructure.
