Enbridge to buy three gas utility operations for $14 billion

Jack Burke Senior Editor, Compressor Tech2

September 05, 2023

Deal with Dominion Energy would make Enbridge the largest gas utility business in North America by volume

Enbridge will acquire three gas utility operations, doubling the company’s holdings in the utility sector.

The deal with Dominion Energy allows Enbridge to acquire EOG, Questar and PSNC for an aggregate purchase price of US$14.0 billion, comprised of $US9.4 billion of cash consideration and US$4.6 billion of assumed debt,…

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