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PennEast Pipeline Announces First Recipients of Community Connector Grant Program

WYOMISSING, Pa., Dec. 17, 2014 (GLOBE NEWSWIRE) -- PennEast Pipeline Company, LLC, recently announced the first 10 awards through the Community Connector Grant Program, marking a $50,000 investment in Pennsylvania and New Jersey communities.

Specific projects benefitting from the awards range from new fire engines and rescue equipment to playground installation. Recipients are: Aquashicola Volunteer Fire Company; Bear Creek & Buck Township Ambulance Association; Bear Creek Township Volunteer Hose Company; Durham Township; Holland Township Volunteer Fire Company; Kingwood Township Volunteer Fire Department; Northmoreland Township Volunteer Fire Company; Palmerton Memorial Park Association; Southeastern Volunteer Fire Company; and Towamensing Volunteer Fire Company.

"The response to our Community Connector Grant Program has been tremendous," said Alisa Harris, who heads government and community affairs for PennEast. "PennEast is proud to support these important initiatives that strengthen our communities and enhance our quality of life. We look forward to the next round of applications and continuing to make a difference in the communities we serve."

Grants of $5,000 maximum are awarded to non-profit organizations on the basis of need, fulfillment of program guidelines and proximity to the proposed PennEast Pipeline in Pennsylvania and New Jersey. The Community Connector grant program is designed to:

  • Support first responders and emergency management;
  • Improve community safety;
  • Conserve important local habitat;
  • Enhance open space, recreational areas and wildlife habitat;
  • Preserve community culture and heritage; and
  • Support environmental and/or energy education programs.

For additional information on the Community Connector Grant Program and eligibility requirements, visit http://penneastpipeline.com/community-investment. Applications for the next round of grants must be received by December 31, 2014.

The PennEast Pipeline is an approximately 108-mile, 36-inch natural gas pipeline that will deliver approximately 1 billion cubic feet of natural gas per day. The pipeline will originate in Luzerne County in northeastern Pennsylvania and end at Transco's pipeline interconnection near Mercer County, New Jersey. AGL Resources; NJR Pipeline Company; PSEG Power LLC; South Jersey Industries; Spectra Energy Partners; and UGI Energy Services (UGIES) form the PennEast Pipeline Company.

About PennEast Member Companies:

AGL Resources www.aglresources.com

AGL Resources (NYSE:GAS) is an Atlanta-based energy services holding company with operations in natural gas distribution, retail operations, wholesale services and midstream operations. AGL Resources serves approximately 4.5 million utility customers through its regulated distribution subsidiaries in seven states. The company also serves approximately 630,000 retail energy customers and approximately 1.2 million customer service contracts through its SouthStar Energy Services joint venture and Pivotal Home Solutions, which market natural gas and related home services. Other non-utility businesses include asset management for natural gas wholesale customers through Sequent Energy Management and ownership and operation of natural gas storage facilities. AGL Resources is a member of the S&P 500 Index. For more information, visit www.aglresources.com.

NJR Pipeline Company www.njresources.com

NJR Pipeline Company is a subsidiary of New Jersey Resources (NYSE:NJR), a Fortune 1000 company that provides safe and reliable natural gas and clean energy services, including transportation, distribution and asset management. NJR Pipeline is part of NJR's strong financial profile and ongoing commitment to invest in and own midstream assets, including natural gas storage and transportation pipelines. NJR's midstream assets are currently comprised of a 5.53 percent stake in Iroquois Pipeline and a 50 percent stake in Steckman Ridge, a 12 Bcf storage field in south central Pennsylvania, and now equity ownership in the PennEast Pipeline.

Public Service Enterprise Group www.pseg.com

Public Service Enterprise Group (NYSE:PEG) is a publicly traded diversified energy company with annual revenues of $10 billion. Its operating subsidiaries are: PSEG Power, Public Service Electric and Gas Company (PSE&G) and PSEG Long Island.

South Jersey Industries www.sjindustries.com

South Jersey Industries (NYSE:SJI), an energy services holding company based in Folsom, NJ, operates its business through two primary subsidiaries. South Jersey Gas, one of the nation's fastest growing natural gas utilities, delivers clean, efficient natural gas and promotes energy efficiency to over 365,000 customers in southern New Jersey. SJI's non-regulated businesses, under South Jersey Energy Solutions, promote efficiency, clean technology and renewable energy by developing, owning and operating on-site energy production facilities - including Combined Heat and Power, Solar, and District Heating and Cooling projects; acquiring and marketing natural gas and electricity for retail customers; providing wholesale commodity marketing and risk management services; and offering HVAC and other energy-efficiency related services.

Spectra Energy Partners www.spectraenergypartners.com

Spectra Energy Partners, LP (NYSE:SEP) is a Houston-based master limited partnership, formed by Spectra Energy Corp (NYSE:SEP). SEP is one of the largest pipeline MLPs in the United States and connects growing supply areas to high-demand markets for natural gas, natural gas liquids, and crude oil. These assets include more than 17,000 miles of transmission and gathering pipelines, approximately 150 billion cubic feet of natural gas storage, and approximately 4.8 million barrels of crude oil storage.

UGI Energy Services, LLC www.ugies.com

UGI Energy Services is a subsidiary of UGI Corporation (NYSE:UGI). UGI Energy Services markets natural gas, electricity and liquid fuels to approximately 30,000 business, commercial, industrial, institutional and government customers in nine states and Washington, DC. In addition, it stores and delivers natural gas and generates electricity. The UGI name has been known in the region for more than 130 years and is an integral part of the community. Its name is a brand built on a solid reputation for safe and reliable distribution of natural gas. UGI prides itself on being an active and responsible member of the community.

CONTACT: PennEast Contact: Mobile: (412) 780-4696 pkornick@penneastpipeline.com

Source: PennEast Pipeline

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