One-Page Deal Sheet
Dominion Drops Down Questar Pipeline to Midstream Subsidiary
Transaction Details: Require Private Equity Subscription
Dominion Midstream Partners has closed on the transaction to acquire Questar Pipeline, LLC, from Dominion Resources for $1.725 billion. As part of the transaction, Dominion Midstream paid $823 million in cash to Dominion, issued $167 million of common units and $300 million of convertible preferred units to Dominion, and has assumed Questar Pipeline's $435 million of outstanding indebtedness.
Cash sources included a previously announced $360 million underwritten public common unit offering, a $137.5 million private placement of common units, and $500…
United States Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-21-2020 |
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Click here | North Dakota | Midstream |
| Jan-08-2020 |
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Click here | Colorado | Midstream |
| Jul-30-2018 |
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Click here | New Mexico | Midstream |
| Jan-13-2018 |
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Click here | Wyoming | Midstream |
| Apr-04-2017 |
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Click here | Midstream |
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Sep-15-2025 |
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Click here | Utah | E&P |
| Nov-14-2024 |
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Click here | Utah | E&P |
| Aug-20-2024 |
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Click here | Utah | E&P |
| Jun-27-2024 |
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Click here | Utah | E&P |
| Mar-08-2022 |
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Click here | Utah | E&P |
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jun-05-2025 |
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Click here | Wyoming | E&P |
| Jan-27-2025 |
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Click here | Wyoming | E&P |
| Jul-13-2023 |
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Click here | Wyoming | E&P |
| Jul-13-2022 |
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Click here | Wyoming | E&P |
| Mar-08-2022 |
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Click here | Wyoming | E&P |
