South Jersey Industries Inc - Company Profile
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South Jersey Industries Inc (SJI) is an energy services holding company that sources and supplies natural gas and electricity. It develops, owns, and operates on-site energy production facilities. The company provides wholesale commodity marketing and fuel management services; and also offers heating, cooling, and other energy-efficiency related services. It acquires and markets electricity to retail customers. SJI holds oil, gas, and mineral rights in the Marcellus Shale region of Pennsylvania, and markets natural gas storage, commodity, and transportation assets besides fuel management services on a wholesale basis in mid-Atlantic, Appalachian, and southern states of the US. It serves residential, commercial, and industrial customers. SJI is headquartered in Folsom, New Jersey, the US.
South Jersey Industries Inc premium industry data and analytics
Products and Services
Products | Services |
---|---|
Natural Gas | Natural gas distribution |
Electricity | Natural gas storage |
Natural gas transportation | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In September, the company and OPAL Fuels entered into a 50/50 joint venture to develop, construct, own and operate RNG facilities. |
2023 | Ownership Changes | In February, the company was acquired by Infrastructure Investments Fund. |
2021 | Contracts/Agreements | In December, the company and REV LNG, LLC broke ground on renewable natural gas (RNG) facilities at four dairy farms in Michigan, the US. |
Competitor Comparison
Key Parameters | South Jersey Industries Inc | Public Service Electric and Gas Co | Southern Company Gas | New Jersey Resources Corp | NW Natural Gas Co |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Folsom | Newark | Atlanta | Belmar | Portland |
State/Province | New Jersey | New Jersey | Georgia | New Jersey | Oregon |
No. of Employees | 1,163 | 7,262 | - | 1,350 | 1,258 |
Entity Type | Public | Private | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Joseph M. Rigby | Chairman | Executive Board | 2020 | 65 |
Michael J. Renna | Director; Chief Executive Officer; President | Executive Board | 2015 | 54 |
Steven R. Cocchi | Senior Vice President; Chief Financial Officer | Senior Management | 2020 | 44 |
Timothy Lowry | Senior Vice President; General Counsel | Senior Management | 2024 | - |
Brent Schomber | Chief Operating Officer - South Jersey Gas; President - South Jersey Gas | Senior Management | 2021 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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