Sprague Resources LP (NYES: SRLP) is paying $22 million for a natural gas and electricity marketing business.

The target, Eatontown, New Jersey-based Metromedia Gas & Power, markets natural gas and electricity to commercial, industrial and municipal customers in the northeast and Mid-Atlantic.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.