M&A Deal Summary

Dominion Energy Acquires SCANA

On January 2, 2019, Dominion Energy acquired utilities company SCANA

Acquisition Highlights
  • This is Dominion Energy’s 7th transaction in the Utilities sector.
  • This is Dominion Energy’s 26th transaction in the United States.
  • This is Dominion Energy’s 2nd transaction in South Carolina.

M&A Deal Summary

Date 2019-01-02
Target SCANA
Sector Utilities
Buyer(s) Dominion Energy
Deal Type Merger

Target

SCANA

Cayce, South Carolina, United States
website
SCANA Corporation is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. The Company serves approximately 675,000 electric customers in South Carolina and more than 1.2 million natural gas customers in South Carolina, North Carolina and Georgia.

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Buyer(S) 1

Buyer

Dominion Energy

Richmond, Virginia, United States

website


Category Company
Founded 1983
Sector Utilities
Employees17,200
Revenue 17.2B USD (2022)
DESCRIPTION
Dominion's corporate headquarters in downtown Richmond, Virginia.
Dominion's corporate headquarters in downtown Richmond, Virginia.

Dominion Energy is a producer and transporter of energy, with a portfolio of approximately 25,700 megawatts of electric generation, 15,000 miles of natural gas transmission, gathering, storage, and distribution pipeline, and 6,600 miles of electric transmission and distribution lines. Dominion Energy was founded in 1983 and is based in Richmond, Virginia.


DEAL STATS #
Overall 26 of 27
Sector (Utilities) 7 of 7
Type (Merger) 2 of 2
State (South Carolina) 2 of 2
Country (United States) 26 of 27
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-26 Dominion Midstream Partners

Richmond, Virginia, United States

Dominion Midstream Partners LP is a pipeline transportation of natural gas company focused on providing oil and gas exploration services. Dominion Midstream Partners was formed in 2000 and is based in Richmond, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-05 Dominion Energy - Gas Transmission & Storage Segment Assets

Richmond, Virginia, United States

Dominion Energy, Inc.'s Gas Transmission & Storage segment assets include more than 7,700 miles of natural gas storage and transmission pipelines and about 900 billion cubic feet of gas storage.

Sell $9.7B