0001140361-12-008899.txt : 20120216 0001140361-12-008899.hdr.sgml : 20120216 20120216082145 ACCESSION NUMBER: 0001140361-12-008899 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120215 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120216 DATE AS OF CHANGE: 20120216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTH JERSEY INDUSTRIES INC CENTRAL INDEX KEY: 0000091928 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 221901645 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06364 FILM NUMBER: 12617726 BUSINESS ADDRESS: STREET 1: 1 SOUTH JERSEY PLAZA STREET 2: ROUTE 54 CITY: FOLSOM STATE: NJ ZIP: 08037 BUSINESS PHONE: 609-561-9000 MAIL ADDRESS: STREET 1: 1 SOUTH JERSEY PLAZA STREET 2: ROUTE 54 CITY: FOLSOM STATE: NJ ZIP: 08037 FORMER COMPANY: FORMER CONFORMED NAME: SOUTH JERSEY GAS CO DATE OF NAME CHANGE: 19700507 FORMER COMPANY: FORMER CONFORMED NAME: ATLANTIC CITY GAS CO DATE OF NAME CHANGE: 19680301 8-K 1 form8k.htm SOUTH JERSEY INDUSTRIES INC 8-K 2-15-2012 form8k.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

 
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report
February 15, 2012
 (Date of earliest event reported)
 
SOUTH JERSEY INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
 
New Jersey
1-6364
22-1901645
(State of incorporation)
(Commission File Number)
(IRS employer identification no.)

1 South Jersey Plaza, Folsom, New Jersey 08037
(Address of principal executive offices, including zip code)

(609) 561-9000
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17  CFR 240.14d-2(b))

o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 
 
Item 7.01.
Regulation FD Disclosure
 
On February 15, 2012, Energenic-US, LLC (“Energenic”), a joint venture between Marina Energy LLC, a subsidiary of South Jersey Industries, Inc., and DCO Energy LLC, issued a press release, announcing that Energenic has agreed to acquire The Energy Network, LLC. The Energy Network, LLC is the holding company for the Hartford Steam Company, TEN Companies and CNE Power I, LLC.

The transaction is subject to customary closing conditions and approvals, including certain regulatory approvals.
 
The press release issued on February 15, 2012 by Energenic is attached hereto as Exhibit 99.1, and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
 
Item 9.01.
Financial Statements and Exhibits
 
The following exhibit is furnished with this report on Form 8-K:
 
Exhibit Number
 
Description
 
Press release, dated February 15, 2012.
 
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
SOUTH JERSEY INDUSTRIES, INC.
 
       
Date: February 16, 2012
By:
 /s/ David A. Kindlick  
    David A. Kindlick  
    Vice President & Chief Financial Officer  
 
 

EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm

EXHIBIT 99.1
 
FOR IMMEDIATE RELEASE
February 15, 2012
 
Media Contact DCO Energy: Matt Eventoff
609-837-8000
 
Media Contact SJI: Joanne Brigandi
609-561-9000 x4240
 
SJI IR Contact: Stephen Clark
609-561-9000 x4260
 
Energenic, LLC to Acquire The Energy Network, LLC

Leading US Provider of District Energy and Renewable Energy Solutions to Acquire The Energy Network, Owner of the Hartford Steam Company

Mays Landing, NJ – Energenic-US, LLC  and Iberdrola USA, Inc. announced an agreement today under which Energenic will acquire The Energy Network, LLC, the holding company for TEN Companies, Hartford Steam Company and CNE Power I, LLC.  Energenic is a joint business venture between long-term business partners Marina Energy LLC, a subsidiary of South Jersey Industries (NYSE: SJI), and DCO Energy LLC.

The Hartford Steam Company has heated and cooled some of Hartford’s most prominent addresses – from the State Supreme Court to Traveler’s Tower to Hartford Hospital – since 1962. Hartford Steam now has two district energy systems that serve more than 60 buildings in the downtown and South End areas of Hartford.

“The Energy Network and Hartford Steam Company are well maintained high quality assets. This acquisition was very attractive to Energenic as it produces long-term, annuity like income and cash streams derived from a broad portfolio of customers. Not only does this represent an attractive business opportunity today, but it allows us to use these businesses as a springboard for future growth and expansion of our energy project business into the New England energy markets. We look forward to continuing HSC’s outstanding legacy of service and reliability and of remaining a positive force for our employees, customers and the greater Hartford community,” said Frank E. DiCola, Energenic’s Chief Executive Officer.
 
- MORE-
 
 
 

 
 
Energenic Add 1

The transaction is subject to customary closing conditions and approvals, including certain regulatory approvals.

About Energenic
Energenic is a joint business venture between long-term business partners Marina Energy LLC, a subsidiary of South Jersey Industries (NYSE: SJI), and DCO Energy LLC. Energenic specializes in the comprehensive design, development, construction and operation of large-scale energy projects and has offices in Nevada and New Jersey. For more information, visit http://www.energenic-us.com, http://www.sjindustries.com and http://www.dcoenergy.com.

About The Energy Network
The Energy Network in turn is the beneficial owner of all of the stock in the TEN Companies, Inc., a Connecticut corporation and CNE Power I, LLC, a Connecticut limited liability company. TEN Companies owns of all of the shares of the Hartford Steam Company, which is a district heating, cooling and combined heat and power system that sells steam, chilled water, hot water and electricity to customers in Hartford, CT.  CNE is a single purpose entity that leases a cogeneration plant to HSC.

# # #