Warren Buffett’s Berkshire Hathaway Buys Dominion Gas Business Worth Nearly $10 Billion
Transaction Type
Sellers
Buyers
Basin
Multiple
Announce Date
Post Date
Close Date
Estimated Price
$9,700.0MM
Description
Bought Dominion's natural gas transmission and storage business; includes over 7,700 miles of natural gas transmission lines, with about 20.8 Bcf/d of transportation capacity and 900 Bcf of operated natural gas storage with 364 Bcf of company-owned working storage capacity, and partial ownership of a LNG export facility plus assumption of $5.7 B debt.