Dominion Energy And Berkshire Hathaway Energy Agree To Terminate Sale Of Questar Pipelines Dominion Energy Commencing Competitive Sale Process

T-Reuters2021-07-12

Berkshire Hathaway Inc:Dominion Energy Inc - Agreed To Terminate Planned Sale Of Questar Pipelines To Berkshire Hathaway Energy.Dominion Energy Inc - Termination A Result Of Ongoing Uncertainty Associated With Achieving Requisite Hart-Scott-Rodino Clearance.Dominion Energy Inc - No Change To Dominion Energy'S Existing Financial Guidance.Dominion Energy Inc - Decision Has No Impact On Sale Of Gas Transmission And Storage Assets To Berkshire Hathaway Energy Completed In November 2020.Dominion Energy Inc - Dominion Energy Targeting Year-End 2021 For Completion Of Competitive Sale Process To An Alternative Buyer.Dominion Energy Inc - Dominion Energy Is Commencing A Competitive Process For Sale Of Questar Pipelines, With A Target Close Of Year-End 2021.Dominion Energy Inc - Dominion Energy Intends To Enter Into A 364-Day Term Loan.Dominion Energy Inc - Announcement Does Not Change Dominion Energy'S Existing Financial Guidance.Dominion Energy Inc - Dominion Energy Will Continue To Account For Questar Pipelines As Discontinued Operations.Dominion Energy Inc - Loan Is Expected To Be Repaid By Year-End 2021 With Proceeds From Sale Of Questar Pipelines To An Alternative Buyer..Dominion Energy Inc - Company Will Use Proceeds From Loan To Repay Approximately $1.3 Billion Transaction Deposit Made By Berkshire Hathaway Energy.

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