Puget Sound Bridge and Dredging Company Dredging Company, the firm completed many major construction projects. Among these were: Lockheed Shipbuilding, Seattle WA Denton Record Chronicle: October 4, 1924 - p. 4 Puget Sound Bridge and Dredging Company Puget Sound Bridge and Dredging Company was a major shipbuilding and construction company, located in Seattle, Washington. The firm was established in 1898 on Elliott Bay in Puget Sound. The company was engaged in construction projects around the United States and built ships for the U.S. Navy at its shipyard on Harbor Island on Puget Sound during and after World War II. In 1959 the firm was purchased by
Puget Sound Energy investors, merged with Puget Energy, PSE's parent company to form the current business structure. Puget Energy is a holding company incorporated in the State of Washington. All of its operations are conducted through its utility subsidiary, PSE, which is regulated by Washington Utilities and Transportation Commission. In 2018, Macquarie sold it's ownership stake in PSE. PSE's current owners are Alberta Investment Management Corporation, British Columbia Investment Management Corporation, OMERS, and PGGM. Puget Sound Energy rates show a typical residential electrical bill (at 1000 kwh per month) of $102.56 and typical a gas bill (at 68 therms per month) of $86.