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Before Dominion decided to sell the natural gas utility operations, it agreed to sell its pipeline business to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 2020. That was a very large sale ...
Warren Buffett puts Berkshire Hathaway's $137 billion cash pile to use, buying some of Dominion Energy's natural gas assets for $9.7 billion.
In July 2020, Dominion announced plans to sell natural gas transmission and storage assets to Berkshire Hathaway; the size of the deal is estimated at $10 billion. [29] In February 2022, Dominion Energy sold one of its subsidiary, Dominion Energy West Virginia, to Hearthstone Utilities Inc. for $690 million. Hearthstone will continue operations ...
CMS Energy (CMS) Consumers Energy: MI Dominion Energy: Dominion Virginia Power: VA Dominion North Carolina Power: NC DQE: Duquesne Light: PA DTE Energy Electric Company (DTE) Detroit Edison: MI Duke Energy (DUK) Duke Energy Carolinas: NC, SC Duke Energy Progress: NC, SC Duke Energy Indiana: IN Duke Energy Ohio: OH Duke Energy Kentucky: KY Duke ...
A subsidiary of Berkshire Hathaway Energy: NV Energy: Electric & Gas Distribution 92% 2013/12/19 [57] $5.6 Billion [58] A subsidiary of Berkshire Hathaway Energy: Omaha World-Herald: Media 100% 2011/12/01 [59] $150 Million [60] Oriental Trading Company: Toy Party Craft 100% 2012/11/02 [61] PacifiCorp: Electric Distribution 92% 2005 $9.4 billion ...
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On July 5, 2020, Dominion Energy and Duke Energy announced that they would cancel the project due to legal uncertainty and delays concerning the project's costs. [30] [31] On the same day, Berkshire Hathaway Energy announced it had reached an agreement to acquire Dominion Energy's gas transmission and storage business for $9.7 billion. [32]
Berkshire Hathaway Energy said in a regulatory filing Tuesday that it will pay Walter Scott's family $2.4 billion cash and issue a number of Class B Berkshire shares that are equivalent to 1.6 ...
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