Dominion Energy (D) has finalized the sale of Questar Gas Company, a natural gas utility based in Salt Lake City, Utah, along with its cost-of-service gas supply company, Wexpro Company, to Enbridge Inc. (ENB) for roughly $4.3 billion, including the assumption of debt. This sale was initially announced on September 5, 2023. Questar Gas provides services to 1.2 million customer accounts across Utah, Wyoming, and Idaho.
Additionally, Dominion Energy and Enbridge anticipate completing the sale of Dominion Energy's gas distribution company, headquartered in Gastonia, N.C., in a separate transaction later this year.