Business News

Dominion Energy Announces Closing of Sale of West Virginia Natural Gas Distribution Company

RICHMOND, Va., Sept. 1, 2022 /PRNewswire/ — Dominion Energy (NYSE: D) today announced closure of the sale of its West Virginia natural gas utility – Hope Gas, Inc. (Dominion Energy West Virginia or DEWV) – to a subsidiary of Hearthstone Holdings, Inc., a portfolio company of Ullico Inc.’s infrastructure fund, for $690 million, adjusted for customary closing items. This transaction Read More…

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Dominion Energy Agrees to Sell West Virginia Natural Gas Distribution Company to Ullico 

– Sale is expected to close in late 2022, subject to regulatory approvals- Ullico subsidiary Hearthstone Utilities agrees to move headquarters to West Virginia RICHMOND, Va., Feb. 11, 2022 /PRNewswire/ — Dominion Energy (NYSE: D) today announced that it has executed a definitive agreement to sell its West Virginia natural gas utility – Hope Gas, Inc. (Dominion Energy West Read More…