Virginia Natural Gas Headquarters Moves To Downtown NorfolkNovember 21, 2005
NORFOLK, Va. – Nov. 21, 2005 – Virginia Natural Gas (VNG), a subsidiary of Atlanta-based AGL Resources (NYSE: ATG), today officially opened the company’s new headquarters at 150 West Main St. in downtown Norfolk.
“VNG has been a Norfolk corporation since City Gas Light was founded to light the streets of downtown Norfolk,” said Hank Linginfelter, president of Virginia Natural Gas. “We are glad to put our headquarters right back where we started more than 150 years ago. Norfolk is a great place to be and is centrally located with excellent access to all of our service territory.”
VNG recently sold its previous Norfolk campus headquarters at 5100 E. Virginia Beach Blvd. near Military Circle to the Union Mission.
“We are extremely pleased to have VNG put their headquarters back in downtown Norfolk,” said Paul Fraim, mayor of Norfolk. “VNG has been a great corporate citizen with our vibrant, growing city for a very long time. We welcome them back to the heart of downtown.”
About 35 VNG employees in operations, marketing, sales, and other business functions will work at the new headquarters.
“Technology has changed the way we operate and we determined we no longer needed a big campus to conduct our business,” said Linginfelter. “We wanted to be in the center of the Norfolk business community and found the ideal downtown space. Ultimately, the operational efficiencies we’ve achieved should result in some long-term cost savings to the company and its customers.”
About Virginia Natural Gas Virginia Natural Gas, a wholly owned subsidiary of AGL Resources (NYSE: ATG), provides retail natural gas sales and distribution services to 258,000 customers in southeast Virginia. For more information, visit www.virginianaturalgas.com.
About AGL Resources AGL Resources (NYSE: ATG), an Atlanta-based energy services holding company, serves 2.3 million customers in six states through its utility subsidiaries - Atlanta Gas Light, Elizabethtown Gas in New Jersey, Virginia Natural Gas, Florida City Gas, Chattanooga Gas, and Elkton Gas in Maryland. A Fortune 1000 company that ranks number 46 in the Fortune gas and electric utilities sector, AGL Resources reported 2004 revenue of $1.8 billion and net income of $153 million. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout the East and Midwest. As a 70 percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. AGL Networks, the company's telecommunications subsidiary, owns and operates fiber optic networks in Atlanta and Phoenix. The company also owns and operates Jefferson Island Storage & Hub, a high-deliverability natural gas storage facility near the Henry Hub in Louisiana. For more information, visit www.aglresources.com
Nick Gold Director, Media Relations 404 584 3457 (office) 404 275 9501 (cell) ngold@aglresources.com