Dominion Energy, Inc. has announced the closure of the sale of its Ohio natural gas utility, The East Ohio Gas Company (EOG) to Enbridge Inc. for approximately US$ 6.6 billion.
The gas utility will operate under the name Enbridge Gas Ohio and will become a part of Enbridge's Gas Distribution and Storage Business Unit. EOG is a utility focused solely on a single state, catering to over 1.2 million customers in over 400 communities in Ohio, particularly in major metropolitan areas. EOG possesses a substantial asset portfolio, including more than 22,000 miles (approximately 35,400 km) of transmission, gathering, and distribution pipelines. Additionally, it has underground storage facilities and connections to various interstate pipelines and significant natural gas producers.
Spanish utility Iberdrola has submitted a non-binding offer to buy the remaining 18.4% of its US subsidiary Avangrid for US$2.5 billion, aimed at taking over the entire company. Iberdrola currently o...
Read moreVestas has confirmed a previous conditional agreement to supply turbines for Equinor’s 810 MW Empire Wind 1 project located 15-30 miles South of Long Island in the USA.
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Read moreThe Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed New England Wind project offshore Massachusetts, USA. The offshore wind farm is located about...
Read moreArevon Energy, Inc., together with Blackstone Credit & Insurance announced a successful financial close of US$350 million in equity, debt, and transfer funding for the 200 megawatt/800 MWh Condor...
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