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Dominion Energy Closes Sale of North Carolina Utility to Enbridge
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Dominion Energy Closes Sale of North Carolina Utility to Enbridge
Oct 2, 2024 10:06 PM

08:03 AM EDT, 10/01/2024 (MT Newswires) -- Dominion Energy ( D ) said Tuesday it has closed its $3.2 billion debt-inclusive sale of its Gastonia, N.C.-based natural gas utility, Public Service Company of North Carolina to Enbridge ( ENB ) .

The closing is the last of three Dominion sales of gas utilities worth $14 billion to Enbridge ( ENB ) that also included assets in Ohio and Utah.

Dominion also said it is on track to close on its agreement to sell a 50% noncontrolling interest in the Coastal Virginia Offshore Wind commercial project to Stonepeak before the end of 2024, resulting in $3 billion in debt reduction.

Price: 57.60, Change: -0.19, Percent Change: -0.33

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