One-Page Deal Sheet
Dominion to Acquire Gas Pipeline Subsidiary from SCANA
Dominion Resources, Inc. Scana Corporation
Announced Date
December 16,2014
Transaction Type
Asset
Location
Region
North America
Country
United States
State
South Carolina
Transaction Details: Subscribe to see
Dominion Resources, Inc. has agreed to purchase Carolina Gas Transmission (CGT) from SCANA Corporation for approximately $492.9 million. CGT owns and operates nearly 1,500 miles of FERC-regulated interstate natural gas pipeline in South Carolina and southeastern Georgia. The company plans to close on the acquisition in January 2015.
The transaction would include no assumption of debt and, upon closing, would be immediately accretive to Dominion's operating earnings per share.
Subject to board approvals by Dominion and Dominion Midstream Partners, LP, Dominion expects to contribute CGT into…
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
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| Apr-01-2015 |
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