Dominion Energy Announces Closing of Sale of Questar Pipelines to Southwest Gas
RICHMOND, VA (STL.News) Dominion Energy (NYSE: D) today announced that it had 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 on October 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.