RICHMOND, Va., March 7,
2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D),
today announced closure of the sale of its Ohio natural gas utility – The East Ohio Gas
Company – to Enbridge Inc. (TSX: ENB) (NYSE: ENB) for approximately
$6.6 billion, including assumed
indebtedness and adjusted for customary closing items. This
transaction was previously announced on Sept. 5, 2023.
The East Ohio Gas Company is a Cleveland-based gas utility employing about
1,500 people and serving 1.2 million Ohio homes and businesses. Dominion Energy and
Enbridge expect to close on the sales of Dominion Energy's gas
distribution companies headquartered in Salt Lake City, Utah, and Gastonia, N.C., in separate transactions later
this year.
The transaction received all customary regulatory approvals.
About Dominion Energy
About 6 million customers
in 15 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
