M&A Deal Summary |
|
|---|---|
| Date | 2023-09-05 |
| Target | Dominion East Ohio |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Enbridge |
| Sellers(s) | Dominion Energy |
| Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1949 |
| Sector | Energy Services and Equipment |
| Employees | 11,500 |
| Revenue | 43.6B CAD (2023) |
Enbridge operates a US and Canadian crude oil and liquid transportation network. Enbridge was incorporated in 1949 and is based in Calgary, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 14 |
| Sector (Oil/Gas Exploration) | 3 of 3 |
| Type (Divestiture) | 5 of 6 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 9 of 10 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-29 |
Tri Global Energy
Dallas, Texas, United States Tri Global Energy is a renewable energy developer drawing on the natural, renewable resources of the wind and the sun to successfully address the growing demand for clean and sustainable energy. Tri Global Energy is a developer and a manager of Hale County Wind Farm, Cotton Wind Farms, Lakeview Wind Farms, and East Mound Renewable Energy. Tri Global Energy was founded in 2009 and is based in Dallas, Texas. |
Buy | $270M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-01 |
Enbridge Gas North Carolina
Gastonia, North Carolina, United States Enbridge Gas North Carolina is a single-state regulated gas utility serving over 600,000 customers in service territories supported by strong economic growth in cities such as Raleigh, Durham, Gastonia, and Asheville. Enbridge Gas North Carolina is based in Gastonia, North Carolina. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Utilities |
| Employees | 17,700 |
| Revenue | 14.4B USD (2023) |
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 | 11 of 12 |
| Sector (Oil/Gas Exploration) | 5 of 5 |
| Type (Divestiture) | 11 of 12 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 11 of 12 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-11 |
Hope Gas
Clarksburg, West Virginia, United States Hope Gas provides reliable and affordable natural gas, safely, to the people and businesses of the Mountain State. It has been a pioneer in the natural gas sector, taking part in the construction of one of America's first interstate pipelines, which originated in Wetzel County, and building the country's first extraction plant at Hastings. Hope Gas was formed in 1898 and is based in Clarksburg, West Virginia. |
Sell | $690M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-01 |
Enbridge Gas North Carolina
Gastonia, North Carolina, United States Enbridge Gas North Carolina is a single-state regulated gas utility serving over 600,000 customers in service territories supported by strong economic growth in cities such as Raleigh, Durham, Gastonia, and Asheville. Enbridge Gas North Carolina is based in Gastonia, North Carolina. |
Sell | - |
