Enbridge completes acquisition of Questar Gas Company to expand its gas utility business
Acquiring Company
Enbridge
Acquired Company
Dominion Energy
Calgary
RichmondEnergyOil And GasRenewable EnergyEnergyOil And GasFinancial ServicesFinanceRenewable EnergyMiningBiomass EnergyDescription
Enbridge Inc. has closed the acquisition of Questar Gas Company and its related Wexpro companies from Dominion Energy, Inc. The acquisition will add scale and breadth to Enbridge's existing low risk utility business model, providing stable, predictable cash flows. Questar Gas and Wexpro employees will join the Enbridge family of companies, enhancing Enbridge's long-term dividend growth profile and building long‑term productive relationships with all stakeholders in Utah, Wyoming, and Idaho.
Quick answer
Enbridge is acquiring Dominion Energy, announced June 3, 2024. Enbridge is based in Calgary, Alberta, Canada.
- How much did Enbridge pay for Dominion Energy?
- The deal value was not disclosed.
- What does Enbridge do?
- Enbridge Inc., a Canadian Company, is a North American leader in delivering energy.
- Where are Enbridge and Dominion Energy based?
- Enbridge is based in Calgary, Alberta, Canada. Dominion Energy is based in Richmond, Virginia, United States.
- Who are the decision-makers at Enbridge?
- Fundz holds 1 contact at Enbridge. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Dominion Energy?
Dominion Energy was acquired by Enbridge, based in Calgary. The deal was reported on June 3, 2024. Enbridge Inc., a Canadian Company, is a North American leader in delivering energy. Enbridge is publicly traded (ENB) and operates in Energy.
When did Enbridge acquire Dominion Energy?
Enbridge's acquisition of Dominion Energy was reported on June 3, 2024. Enbridge Inc. has closed the acquisition of Questar Gas Company and its related Wexpro companies from Dominion Energy, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Dominion Energy do?
Dominion Holdings Inc. is an investment holding company that emerged from BDO Unibank's leasing arm. The company is transitioning towards acquiring stakes in mining corporations. It was rebranded from BDO Leasing and Finance Inc. It is publicly traded (D), operating in Energy, and is based in Richmond.
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