State of Alaska Department of Revenue Sells 1,210 Shares of Northwest Natural Holding (NYSE:NWN)

The State of Alaska Department of Revenue recently sold 1,210 shares of Northwest Natural Holding (NYSE: NNH) for a total of $4.5 million. The sale was made in accordance with the state's investment policies and guidelines, which prioritize the long-term financial stability and growth of the state's investments.

Northwest Natural Holding is a publicly traded holding company that operates primarily in the natural gas industry. The company has been in business for over 100 years and serves customers in the western United States. In recent years, Northwest Natural Holding has faced challenges related to regulatory compliance and environmental concerns, but it has also made investments in renewable energy projects and other initiatives aimed at reducing its carbon footprint.

The sale of shares by the State of Alaska Department of Revenue is not expected to have a significant impact on the company's operations or financial performance. However, it does reflect the state's ongoing efforts to manage its investments in a responsible and prudent manner, with a focus on achieving long-term financial goals while also considering environmental and social factors.