December 9, 2008

NEW JERSEY RESOURCES: Records $92.2M Costs for MGP-Site Cleanup

COMPANIES: New Jersey Resources Corp
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New Jersey Resources Corporation, as of Sept. 30, 2008, recorded US$92.2 million of previously incurred remediation costs, net of recoveries from customers and insurance proceeds, in Regulatory assets on the Company’s Consolidated Balance Sheet associated with three manufactured gas plant…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | Natural Gas | Pipelines | Power Producers/Utilities | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: New Jersey | United States