Dominion Energy Berkshire Hathaway

Brk a for approximately 2 7 billion in cash and the transfer of approximately 5 3 billion of related indebtedness.

Dominion energy berkshire hathaway. Des moines iowa berkshire hathaway energy today announced it has completed the purchase of dominion energy s natural gas transmission and storage business exclusive of questar pipeline group. Warren buffett s berkshire hathaway struck a 10 billion deal to buy dominion energy s natural gas transmission and storage business. D announced today that it has closed on the sale of the majority of its gas transmission and storage assets to berkshire hathaway energy an affiliate of berkshire hathaway inc.

The conglomerate is spending 4 billion to buy the natural gas transmission and storage assets of dominion energy including the. The transaction consideration was 8 billion including approximately 2 7 billion in cash subject to certain adjustments and the assumption of. 2 2020 prnewswire dominion energy nyse.

Berkshire hathaway energy a subsidiary of warren buffett s conglomerate berkshire hathaway today announced it has closed on the first phase of its previously announced deal with dominion. Des moines iowa berkshire hathaway energy today announced it has completed the purchase of dominion energy s natural gas transmission and storage business exclusive of questar pipeline group. In its first deal since the economic downturn caused by coronavirus berkshire hathaway is purchasing natural gas transmission and storage assets from dominion energy in a deal worth nearly 10.

The transaction consideration was 8 billion including approximately 2 7 billion in cash subject to certain adjustments and the assumption of. Warren buffett s berkshire hathaway is finally pulling the trigger. On july 5 2020 berkshire hathaway energy announced it had reached an agreement to acquire substantially all of dominion energy s gas transmission and storage operating segment assets.