Sprague Energy
| Company type | Shareholder |
|---|---|
| Industry | Energy |
| Founded | 1870 in Boston |
| Founder | Charles H. Sprague |
| Headquarters | , |
| Products | natural gas, Fuel Oil, Gasoline, Kerosene, Diesel, Bio Fuel, Aviation Fuel |
| Owner | Hartree Partners |
| Website | spragueenergy |
Sprague Energy, formerly Charles H. Sprague Company, C. H. Sprague and Son, is a Northeastern United States energy supplier. Charles H. Sprague Company was founded in 1870 in Boston by Charles H. Sprague. Charles H. Sprague Company delivered coal to New England cities from Newport News, Virginia. In 1905 Sprague expanded and opened the Penobscot Coal and Wharf Company in Searsport, Maine.[1][2][3][4] This became the main supplier of US coal to Europe, particularly during World War II.
Post World War II Sprague added residual
Sprague entered in a partnership with Westmoreland Coal Company in 1982. Starting in 1990s and today Sprague Energy is active in natural gas delivery system in Northeastern. Sprague moved its headquarters from Boston to Portsmouth, New Hampshire. In 2005 Sprague purchased the Merrill Marine Terminal Services in Portland, Maine.[5] In 2007 Sprague Kildair Service Ltd, Montreal export cargo company. In 2013 Sprague went public as Sprague Resources LP (SRLP). In 2017, Sprague purchased Coen Energy, an Energy company in Pennsylvania, Ohio and West Virginia.[1][6] [7]
In May 2021 Axel Johnson sold their controlling stake in Sprague for a total of $290m to Hartree Partners, LP,[8] a privately held energy and commodities firm founded in 1997. In June 2022 Hartree bought out the remaining shareholders at $19/share.[9]
Sprague Steamship Company
Sprague Steamship Company was founded by Charles H. Sprague Company as the Boston shipping company to support
Sprague Steamship Company ships
- SS Celestial
- SS Wideawake
- SS Black Point sank May 5, 1945 by U-853 off Point Judith, Rhode Island, the last U-boat victim of the War.[13]
World War II ships
- Liberty ships operated by Sprague Steamship Company:
- SS Augustine Heard [14]
- SS Lynn Victory [15]
- SS Daniel Webster [16]
- SS Bon Air Seam [17]
- SS Benjamin Schlesinger [17]
- SS Augustine Heard [14]
- SS Charles W. Eliot [18]
- SS John Trumbull
- SS Filipp Mazzei
- SS Dwight W. Morrow
See also
- World War II United States Merchant Navy
- American Export Lines
External links
References
- ^ a b c "History | Founded in 1870 by C.H. Sprague | Sprague".
- ^ Penobscot Coal and Wharf Company
- ^ searsport.maine.gov, Penobscot Coal and Wharf Company
- ^ NPS, Penobscot Coal and Wharf Company
- ^ "Merrill Marine sells its Portland terminal". The Working Waterfront Archives. February 1, 2005.
- ^ sec.gov Sprague Resources LP (SRLP).
- ^ docoh.com Sprague Energy
- ^ "Hartree Partners Completes Purchase of Controlling Interest in Sprague Resources". Globe Newswire. 28 May 2021.
- ^ "Sprague Resources Announces Agreement to be Acquired by Hartree Partners". Sprague Resources. 2 June 2022.
- ^ "American Merchant Marine in World War 2". www.usmm.org.
- ^ The Story of the Port: 1630-1940
- ^ "House Flags of U.S. Shipping Companies: S". www.crwflags.com.
- ^ SS Black Point sunk Point Judith RI last week of WWII vs. Germans by U-853 off Point Judith, Rhode Island May 5, 1945, January 2, 2017 by Eric Wiberg
- ^ a b "LibshipsA". www.mariners-l.co.uk.
- ^ "vicshipsK". www.mariners-l.co.uk.
- ^ "LibShipsD". www.mariners-l.co.uk.
- ^ a b "LibshipsB". www.mariners-l.co.uk.
- ^ "LibShipsC". www.mariners-l.co.uk.
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