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Berkshire Hathaway Is Buying Dominion Energy's Gas Transmission Business for $9.7 Billion

Matthew DiLallo, The Motley Fool
·2 min read
Berkshire Hathaway Is Buying Dominion Energy's Gas Transmission Business for $9.7 Billion

Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has agreed to acquire the natural gas transmission and storage assets of Dominion Energy (NYSE: D). Berkshire Hathaway will acquire more than 7,700 miles of natural gas pipelines from Dominion, including its 100% interest in Dominion Energy Transmission, the Questar Pipeline, and Carolina Gas Transmission, as well as its 50% stake in the Iroquois Gas Transmission System.

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