Dominion Energy Announces Closing of Sale of Questar Pipelines to Southwest Gas
PR Newswire
RICHMOND, Va.
,
Dec. 31, 2021
/PRNewswire/ — Dominion Energy (NYSE: D) today announced that it has closed the sale of Questar Pipelines to Southwest Gas Holdings, Inc. (NYSE: SWX), in a transaction valued at
$1.975 billion
, including the assumption of
$430 million
of existing debt. This transaction was previously announced
Oct. 5, 2021
.
Questar Pipelines consists of FERC-regulated, long-term contracted transportation and underground storage assets in
Utah
,
Wyoming
and
Colorado
, together with related services and processing entities.
About
7 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 sustainable, reliable, affordable and safe energy
and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit
DominionEnergy.com
to learn more.
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SOURCE Dominion Energy