South Jersey Industries, Inc. (NYSE:SJI) announced the pricing of an upsized registered public offering of 8,050,000 shares of its common stock at $26.25 per share. Total gross proceeds to SJI were approximately $211.3 million. SJI intends to use the net proceeds from this offering for capital expenditures primarily for regulated businesses, including infrastructure investments at its utility business.

Janney Montgomery Scott LLC served as a co-manager on this transaction.

South Jersey Industries, an energy services holding company based in Folsom, NJ, operates its business through two primary subsidiaries. South Jersey Gas delivers clean, efficient natural gas and promotes energy efficiency to approximately 375,000 customers in southern New Jersey. SJI's non-regulated businesses, under South Jersey Energy Solutions, promote efficiency, clean technology and renewable energy by developing, owning and operating on-site energy production facilities; acquiring and marketing natural gas and electricity for retail customers; providing wholesale commodity marketing and fuel management services; and offering HVAC and other energy-efficiency related services.