Dominion Energy sells pipelines and storage and Cove Point LNG stake to Warren Buffett in $9.7Bln deal
Dominion Energy, operator of the Cove Point liquefied natural gas plant in Maryland, has agreed a transaction valued at $9.7 billion to sell its gas transmission and gas storage assets to Berkshire Hathaway Energy owned by US investor Warren Buffett, including a 25 percent stake in Cove Point and its operatorship.
Canadian equity fund Brookfield buys stake in Cove Point LNG export plant for over $2 billion
Canadian equity fund Brookfield Asset Management has purchased a 25 percent stake in Dominion Energy Cove Point LNG, the single-Train Maryland plant holding tolling agreements with Indian and Japanese companies. The transaction shows the growing value of US liquefaction and export facilities.
Dominion Energy has Cove Point LNG off line until mid-October and sells three power plants
Dominion Energy has begun a scheduled three-week maintenance at the Cove Point liquefied natural gas export plant, leaving Sabine Pass as the only US LNG cargo exporter through mid-October 2018, as it also sold three power plants in the US Northeast and Louisiana.
US Cove Point LNG owner Dominion has Scana deal approved by federal commissioners
Dominion Energy, owner of the Cove Point liquefied natural gas liquefaction facility on Chesapeake Bay in the state of Maryland, has had the transaction for its acquisition of Scana Corp. and its South Carolina natural gas and power assets approved by the Federal Energy Regulatory Commission.
