RICHMOND, Va., June 3, 2024
/PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced
closure of the sale of its Salt Lake
City, Utah-based natural gas utility Questar Gas Company,
and its cost-of-service gas supply company, Wexpro Company, to
Enbridge Inc. (TSX: ENB) (NYSE: ENB) for approximately $4.3 billion, including assumed indebtedness and
adjusted for customary closing items. This transaction was
previously announced on Sept. 5,
2023.
Questar Gas Company, with more than 21,000 system miles, serves
1.2 million customer accounts in Utah, Wyoming, and Idaho, and Wexpro Company supplies natural gas
under a cost-of-service agreement to Questar Gas. Dominion Energy
and Enbridge expect to close on the sale of Dominion Energy's gas
distribution company headquartered in Gastonia, N.C., in a separate transaction
later this year.
About Dominion Energy
More than 4.5 million
customers in 13 states energize their homes and businesses
with electricity or natural gas from Dominion Energy (NYSE: D),
headquartered in Richmond, Va. The company is committed
to providing reliable, affordable, and increasingly clean
energy every day and to achieving Net Zero emissions by
2050. Please visit DominionEnergy.com to learn more.
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SOURCE Dominion Energy