Increased scale and business line diversity to result in a stronger, more resilient platform to safely, reliably, and cost-effectively meet customers’ rising energy needs Merger expected to be accretive to each company’s EPS in the first year following the close of transaction Combined company supports an increased long-term EPS target growth rate of 5% to 7% Contiguous service territory with attractive growth profile expected to provide additional investment opportunities beyond each company’s current capital investment plan Strong and predictable earnings and cash flows with more efficient access to capital to be credit-enhancing and support a high-quality credit profile, an enhanced ability to invest in critical infrastructure, and a strong and growing dividend Veteran leadership team and complementary cultures with shared commitments...

BOSTON, Aug. 19, 2025 (GLOBE NEWSWIRE) — Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company” or “Plymouth”) today announced that it has received an unsolicited, non-binding proposal from Sixth Street Partners, LLC (“Sixth Street”), to acquire all of the outstanding shares of the Company’s common stock for cash consideration of $24.10 per share. According to the Schedule 13D​ filed yesterday with the U.S. Securities and Exchange Commission disclosing the proposal, Sixth Street beneficially owns approximately 9.99% of Plymouth’s​ outstanding common stock. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Company’s Board of Directors will carefully evaluate the proposal to determine the course of action it believes is in the best interests of all Plymouth shareholders. Shareholders...