Northwest Natural Holding Company, commonly known as NW Natural, is a public utility company that provides natural gas distribution and storage services. The company has a long history dating back to its founding in 1859 as the Portland Gas Light Company, making it one of the oldest corporations in Oregon, United States. NW Natural has played a significant role in the development and growth of the region by supplying natural gas for heating, cooking, and other uses. The company is listed on the New York Stock Exchange under the ticker symbol "NWN" and is a component of various market indices.
NW Natural primarily operates in the Pacific Northwest, serving customers in Oregon and parts of Washington. The company's core business involves the distribution of natural gas through its extensive pipeline network and the storage of natural gas for peak demand periods. NW Natural serves residential, commercial, and industrial customers, including both natural gas sales and transportation services.
One noteworthy aspect of NW Natural is its dedication to renewable natural gas (RNG) and sustainability initiatives. RNG is produced from renewable sources such as organic waste and landfill gas, offering a cleaner and more sustainable alternative to traditional natural gas. NW Natural has made significant investments in RNG projects to increase its supply and reduce greenhouse gas emissions, aligning with its commitment to environmental responsibility.
In addition to its core business, NW Natural is actively involved in community engagement and philanthropy. The company supports various local organizations and initiatives that contribute to the well-being of the communities it serves. NW Natural's commitment to corporate social responsibility extends beyond its business operations, reflecting its dedication to being a responsible and valued community partner.