Questar Pipeline

Dominion Energy Announces Closing of Sale of Questar Pipelines to Southwest Gas

Retrieved on: 
Freitag, Dezember 31, 2021
Dominion Energy, Multimedia, Carbon, Methane, Questar Pipeline, Transport, NYSE, Sale, Electricity, FERC, Natural gas, Oil

RICHMOND, Va., Dec. 31, 2021 /PRNewswire/ --Dominion Energy (NYSE: D) today announced that it has 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.

Key Points: 
  • RICHMOND, Va., Dec. 31, 2021 /PRNewswire/ --Dominion Energy (NYSE: D) today announced that it has 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 Oct. 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 inRichmond, 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.Please visit DominionEnergy.com to learn more.

Southwest Gas Holdings Issues Statement

Retrieved on: 
Montag, November 15, 2021
Industry, Security (finance), CARD, COLI, Centuri, Growth, THE, Public expenditure, Acquisition, Solution, Board of directors, Securities Act of 1933, Review, Communication, WE, Annual general meeting, U.S. Securities and Exchange Commission, Sale, Annual Meetings of the International Monetary Fund and the World Bank Group, Special-purpose acquisition company, Questar Pipeline, SWX, Cravath, Swaine & Moore, The Company, AND, LLP, Natural gas, LLC, Risk, Sustainability Accounting Standards Board, SEC, Securities Exchange Act of 1934, Morrison & Foerster, Schedule, Morrison, Annual report, Board, Partnership, Company, NYSE, Egyptian Natural Gas Holding Company, Holding company, Risk management, Airline, Financial adviser

The nomination of the Icahn slate is the latest step in Icahn's efforts to take control of Southwest Gas without paying a control premium to Southwest Gas stockholders and otherwise pursue his self-serving agenda.

Key Points: 
  • The nomination of the Icahn slate is the latest step in Icahn's efforts to take control of Southwest Gas without paying a control premium to Southwest Gas stockholders and otherwise pursue his self-serving agenda.
  • The Southwest Gas Board is committed to determining the financing strategy for the Questar Pipelines acquisition that is in the long-term best interest of all Southwest Gas stockholders.
  • Southwest Gas Holdings, Inc., through its subsidiaries, engages in the business of purchasing, distributing and transporting natural gas, and providing comprehensive utility infrastructure services across North America.
  • These statements are based on current expectations, estimates and projections about, among others, the industry, markets in which Southwest Gas Holdings, Inc. (the "Company," "Southwest Gas Holdings," "SWX," or "we") operates, and the matters described in this press release.

Southwest Gas Holdings To Acquire Questar Pipeline From Dominion Energy

Retrieved on: 
Dienstag, Oktober 5, 2021
Securities Act of 1933, Sale, Dominion Energy, Conference, Transport, Culture, Carbon, Natural gas, PDT, Morrison & Foerster, Growth, White River, Telephone, Safety, Industry, SEC, Hart–Scott–Rodino Antitrust Improvements Act, Power purchase agreement, Energy Independence and Security Act of 2007, Multimedia, CEO, Questar Pipeline, NYSE, EDT, Southwest Gas, Internet, Barclays Capital Inc. v. Theflyonthewall.com, Inc., SWX, Risk, Solution, Annual report, Acquisition, Company, LLC, Purchasing, CO2, McGuireWoods, Hydrogen, The Company, FERC, View, Securities Exchange Act of 1934, Gas, Oil

LAS VEGAS, Oct. 5, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) announced today that it has entered into a definitive agreement to acquire Dominion Energy Questar Pipeline, LLC, its subsidiaries and certain associated affiliates, including Overthrust Pipeline, White River Hub and Questar Field Services ("Questar Pipelines") from Dominion Energy, Inc. (NYSE: D).

Key Points: 
  • LAS VEGAS, Oct. 5, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) announced today that it has entered into a definitive agreement to acquire Dominion Energy Questar Pipeline, LLC, its subsidiaries and certain associated affiliates, including Overthrust Pipeline, White River Hub and Questar Field Services ("Questar Pipelines") from Dominion Energy, Inc. (NYSE: D).
  • Under the terms of the transaction, Southwest Gas Holdings will acquire 100% of Questar Pipelines for $1.545 billion in cash.
  • About Dominion Energy Questar Pipeline, LLC
    Dominion Energy Questar Pipeline, LLC is an interstate natural gas pipeline company that provides transportation and underground storage services in Utah, Wyoming and Colorado.
  • Clay Basin is the largest underground storage reservoir in the Rocky Mountain Region.Through wholly-owned subsidiaries, Dominion Energy Questar Pipeline, LLC owns and operates the Dominion Energy Overthrust Pipeline, LLC in southwestern Wyoming.

Statement Regarding Berkshire Hathaway Energy’s Termination of Acquisition of Dominion Energy, Inc.’s Questar Pipeline in Central Utah

Retrieved on: 
Dienstag, Juli 13, 2021
Questar Pipeline, Economy of the United States, Kern River Pipeline, Questar, Berkshire Hathaway Energy, Dominion Energy, Energy in the United States, States of the United States, Southern Trails Pipeline

In response to the announcement that Berkshire Hathaway Energy Companys Kern River Gas Transmission Pipeline has terminated its acquisition of rival Dominion Energy, Inc.s Questar Pipeline, the FTC Bureau of Competition Acting Director Holly Vedova issued this statement:

Key Points: 
  • In response to the announcement that Berkshire Hathaway Energy Companys Kern River Gas Transmission Pipeline has terminated its acquisition of rival Dominion Energy, Inc.s Questar Pipeline, the FTC Bureau of Competition Acting Director Holly Vedova issued this statement:

    Yesterday, following an investigation by FTC staff with the Utah Attorney Generals Office, Berkshire Hathaway Energy and Dominion Energy abandoned the planned $1.7 billion sale of the Questar Pipeline.

  • Only two pipelines bring natural gas from the Rocky Mountain production basins to serve central Utah: Berkshires Kern River Pipeline and Dominions Questar Pipeline.
  • This competition historically has enabled Utah customers to obtain lower transportation rates and better terms of service.
  • Questar Pipeline attempted to purchase a 50% share in the Kern River Pipeline but the parties abandoned those plans shortly after the Commissions suit.

Statement Regarding Berkshire Hathaway Energy’s Termination of Acquisition of Dominion Energy, Inc.’s Questar Pipeline in Central Utah

Retrieved on: 
Dienstag, Juli 13, 2021
Questar Pipeline, Economy of the United States, Kern River Pipeline, Questar, Berkshire Hathaway Energy, Dominion Energy, Energy in the United States, States of the United States, Southern Trails Pipeline

In response to the announcement that Berkshire Hathaway Energy Companys Kern River Gas Transmission Pipeline has terminated its acquisition of rival Dominion Energy, Inc.s Questar Pipeline, the FTC Bureau of Competition Acting Director Holly Vedova issued this statement:

Key Points: 
  • In response to the announcement that Berkshire Hathaway Energy Companys Kern River Gas Transmission Pipeline has terminated its acquisition of rival Dominion Energy, Inc.s Questar Pipeline, the FTC Bureau of Competition Acting Director Holly Vedova issued this statement:

    Yesterday, following an investigation by FTC staff with the Utah Attorney Generals Office, Berkshire Hathaway Energy and Dominion Energy abandoned the planned $1.7 billion sale of the Questar Pipeline.

  • Only two pipelines bring natural gas from the Rocky Mountain production basins to serve central Utah: Berkshires Kern River Pipeline and Dominions Questar Pipeline.
  • This competition historically has enabled Utah customers to obtain lower transportation rates and better terms of service.
  • Questar Pipeline attempted to purchase a 50% share in the Kern River Pipeline but the parties abandoned those plans shortly after the Commissions suit.

Cox Communications’ Onsite Solar and Battery Energy System Goes Live in San Diego

Retrieved on: 
Dienstag, Juli 13, 2021
Other Energy, Software, Utilities, Environment, Alternative energy, Energy, Technology, Other Technology, Renewable energy, Articles, Energy, Companies, Energy economics, Climate change mitigation, Energy storage, Cox Communications, Sustainable energy, Cox Enterprises, Other Energy, Software, Utilities, Environment, Alternative energy, Energy, Technology, Other Technology, Questar Pipeline, Economy of the United States, Dominion Energy, Berkshire Hathaway Energy, Kern River Pipeline, Federal Trade Commission, Questar, Energy in the United States, Companies, PowerFlex, Cox Communications, POWERFLEX, COX COMMUNICATIONS

View the full release here: https://www.businesswire.com/news/home/20210712005692/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210712005692/en/
    Cox Communications' onsite solar and battery energy storage, designed and built by PowerFlex, goes live at their San Diego corporate office.
  • Cox Communications new energy system installation is a perfect example of the transition to our clean energy future.
  • The integrated solar and battery energy storage system will employ EDFs Energy Management System (EMS) using real-time data to perfectly orchestrate all components of the system for optimal results.
  • Cox Communications is the largest division of Cox Enterprises, a family-owned business founded in 1898 by Governor James M. Cox.

Berkshire Hathaway Energy and Dominion Energy Agree to Terminate the Sale of Questar Pipeline Group

Retrieved on: 
Montag, Juli 12, 2021
Oil, Gas, Energy, Energy, Articles, Companies, Energy economics, Berkshire Hathaway, Berkshire Hathaway Energy, Dominion Energy, Questar Pipeline, Hathaway, Sustainable energy, Energy industry

Berkshire Hathaway Energy and Dominion Energy today announced they have agreed to terminate the planned sale of Questar Pipeline Group to Berkshire Hathaway Energy.

Key Points: 
  • Berkshire Hathaway Energy and Dominion Energy today announced they have agreed to terminate the planned sale of Questar Pipeline Group to Berkshire Hathaway Energy.
  • The decision has no impact on the sale of gas transmission and storage assets to Berkshire Hathaway Energy completed in November 2020.
  • From our roots in renewable energy, Berkshire Hathaway Energy has grown to a $127.5 billion portfolio of locally managed businesses that share a vision of being the best energy company in serving our customers, while delivering sustainable energy solutions.
  • These statements are based upon Berkshire Hathaway Energy Companys current intentions, assumptions, expectations and beliefs and are subject to risks, uncertainties and other important factors.

Warren Buffett’s Berkshire Hathaway Energy Completes Acquisition of Majority of Dominion Energy’s Gas Transmission and Storage Business

Retrieved on: 
Montag, November 2, 2020
Energy, Utilities, Oil, Gas, Companies, Natural gas, Economy of the United States, Dominion Cove Point LNG, Dominion Energy, Berkshire Hathaway Energy, Liquefied natural gas, Berkshire Hathaway, Greg Abel, Questar Pipeline, Questar

Berkshire Hathaway Energy today announced it has completed the purchase of Dominion Energys natural gas transmission and storage business, exclusive of Questar Pipeline Group.

Key Points: 
  • Berkshire Hathaway Energy today announced it has completed the purchase of Dominion Energys natural gas transmission and storage business, exclusive of Questar Pipeline Group.
  • Todays completed transaction also included the acquisition of 25% of Cove Point LNG an LNG export, import and storage facility in Maryland that Berkshire Hathaway Energy will now operate.
  • We are pleased to welcome the natural gas transmission and storage business and its employees to Berkshire Hathaway Energy, said Greg Abel, Berkshire Hathaways vice chairman, non-insurance operations, and Berkshire Hathaway Energy chairman.
  • On July 5, 2020, Berkshire Hathaway Energy announced it had reached an agreement to acquire substantially all of Dominion Energys gas transmission and storage operating segment assets.

Berkshire Hathaway Inc.’s Energy Company to Acquire Dominion Energy’s Gas Transmission and Storage Business

Retrieved on: 
Sonntag, Juli 5, 2020
Finance, Oil, Gas, Energy, Professional services, Utilities, Companies, Economy of the United States, Finance, Dominion Energy, Berkshire Hathaway, Questar Pipeline, Warren Buffett, Questar, Questar Corporation, Berkshire Hathaway Energy, Dominion Energy

Berkshire Hathaway Energy, a subsidiary of Warren Buffetts Berkshire Hathaway Inc., today announced it has executed a definitive agreement to acquire Dominion Energys natural gas transmission and storage business.

Key Points: 
  • Berkshire Hathaway Energy, a subsidiary of Warren Buffetts Berkshire Hathaway Inc., today announced it has executed a definitive agreement to acquire Dominion Energys natural gas transmission and storage business.
  • As part of the transaction, Berkshire Hathaway Energy will acquire 100% of Dominion Energy Transmission, Questar Pipeline and Carolina Gas Transmission; and 50% of Iroquois Gas Transmission System.
  • This premier natural gas transmission and storage business has been operated and managed in a best-in-class manner, said Bill Fehrman, Berkshire Hathaway Energys president and CEO.
  • Thomas F. Farrell, II, Dominion Energy chairman, president and CEO, said, Dominion Energys best-in-class gas transmission and storage business has been a major component of our success since we merged with Consolidated Natural Gas in 2000.

Dominion Products and Services to Relaunch Repair Service Program for Utah Homeowners

Retrieved on: 
Donnerstag, Dezember 5, 2019
MEN, Other Professional Services, Family, Other Energy, Insurance, Utilities, Oil, Gas, Consumer, Alternative energy, Energy, Professional services, Other Consumer, Women, Seniors, Dominion Energy, Homeserve, Companies, Energy, Economy of the United States, Questar Corporation, Questar Pipeline

Dominion Products and Services, Inc., an affiliate of Dominion Energy, announced today the relaunch of its optional repair service program for Utah homeowners.

Key Points: 
  • Dominion Products and Services, Inc., an affiliate of Dominion Energy, announced today the relaunch of its optional repair service program for Utah homeowners.
  • Dominion Products and Services, Inc., is an affiliate of Dominion Energy, the parent of the gas utility Dominion Energy Utah.
  • Dominion Products and Services has partnered with HomeServe to offer and administer all of its home repair programs to customers of Dominion Energy subsidiaries, including Dominion Energy Utah.
  • About Dominion Products & Services, Inc.
    Dominion Products & Services, Inc., is a subsidiary of Dominion Energy.