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| WGL > SEC Filings for WGL > Form 8-K on 21-Feb-2013 | All Recent SEC Filings |
21-Feb-2013
Other Events, Financial Statements and Exhibits
On February 20, 2013, Washington Gas Energy Services, Inc (WGES), a subsidiary of WGL Holdings, Inc. (WGL Holdings), entered into a five-year secured supply arrangement with Shell Energy North America (US), LP (Shell Energy). WGES supplies electricity and natural gas to residential, commercial and industrial customers in Maryland, Virginia, Delaware, Pennsylvania and the District of Columbia. Under this arrangement, WGES will have the ability to purchase the majority of its power, natural gas and related products from Shell Energy in a structure that reduces WGES' cash flow risk from collateral posting requirements. As a result of this credit support agreement, Shell Energy will have a lien on WGES' assets; principally its retail accounts receivables and contracts. A copy of the news release is attached as Exhibit 99.1.
(d) Exhibits
The following exhibit is furnished herewith:
99.1 News Release, dated February 20, 2013, issued by WGES.
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