Business Combinations Business Combinations (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed

The following table summarizes the consideration transferred and the amounts of identified assets acquired and liabilities assumed as of the acquisition date:


In thousands
Fair value of consideration transferred:
Cash	$	271,087

Recognized amounts of identifiable assets acquired and liabilities assumed:
Current assets	$	16,770
Property, plant and equipment	262,750
Non-current assets	3,872
Current liabilities	(24,962)
Non-current liabilities	(158,397)
Total identifiable net assets	$	100,033
Goodwill	$	171,054

The following table summarizes the consideration transferred and the amounts of identified assets acquired and liabilities assumed as of the acquisition date:


In thousands
Fair value of consideration transferred:
Cash	$	60,436

Recognized amounts of identifiable assets acquired and liabilities assumed:
Current assets	$	2,094
Property, plant and equipment	43,594
Non-current assets	1,591
Current liabilities	(1,441)
Non-current liabilities	(105)
Total identifiable net assets	$	45,733
Goodwill	$	14,703

The following table summarizes the consideration transferred and the amounts of identified assets and liabilities assumed as the acquisition date:


In thousands
Fair value of consideration transferred:
Cash	$	29,853

Recognized amounts of identifiable assets acquired and liabilities assumed:
Current assets	$	486
Property, plant and equipment	11,130
Non-current assets	304
Current liabilities	(503)
Non-current liabilities	(64)
Total identifiable net assets	$	11,353
Goodwill	$	18,500

Schedule of Business Combination, Pro Forma Information

The table below presents the unaudited pro forma revenues and earnings of NW Holdings as if the SiEnergy and Pines acquisitions had occurred as of January 1, 2024:


	Twelve Months Ended December 31,
In thousands	2025		2024
Operating revenues	$	1,296,240	$	1,211,523
Net income (loss)	$	116,970	$	61,546

Northwest Natural Holding Co 10-K