Dominion Energy Inc.
Dominion Energy Completes Disposal of Questar Gas to Enbridge
Summary
On May 31, 2024, Dominion Energy, Inc. completed the disposition of all its membership interests in Fall West Holdco LLC to Enbridge Quail Holdings, LLC for approximately $3.0 billion in cash. The transaction included the removal of Questar Gas from its existing Fifth Amended and Restated Revolving Credit Agreement. The purchase and sale agreement, dated September 5, 2023, is incorporated by reference. No pro forma financial information is required as the disposed business was previously reported as discontinued operations.
Profitelligence Alerts
Get alerts for D
Be first to know when Dominion Energy Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Dominion Energy Inc.
Dominion Energy Inc. is a leading energy utility company based in Richmond, Virginia. It primarily operates in the energy production, transmission, and distribution sectors, catering to millions of customers across different regions. The company's key focus is on generating and delivering reliable electricity and natural gas, with an emphasis on sustainable and clean energy solutions. As part of its commitment to environmental stewardship, Dominion Energy is heavily investing in renewable energy sources, such as wind and solar power, while also maintaining a robust infrastructure for traditional energy sources. Dominion Energy's strategic role in the financial market is underscored by its impact on the utilities sector, which is crucial for economic stability and growth. The company’s initiatives in reducing carbon emissions and enhancing grid efficiency are significant as sustainability becomes a priority worldwide. Beyond energy production and distribution, Dominion Energy also manages gas transmission and storage, contributing to energy security in the regions it serves. As a key player in the energy transition movement, Dominion Energy Inc. continues to influence the market dynamics with its comprehensive approach to energy management and sustainability.
Official SEC Documents
Advertisement