Berkshire Hathaway Energy, a holding company which comprises regulated energy businesses that generate, transmit, store, distribute, and supply electricity and natural gas, completed the acquisition of Gas Transmission & Storage assets of Dominion Energy, an American power and energy company, for $9.7bn. "This narrowing of focus will also allow us to increase our long-term earnings growth rate guidance by around 30%. Our rebased dividend policy better reflects our revised operating and financial strengths, aligns with our best-in-class industry peers and allows us to grow our dividend much more rapidly than before," Thomas F. Farrell, II, Dominion Energy Chairman, President, and CEO. On October 5, 2020, the companies entered into a second agreement providing for Berkshire Hathaway Energy’s purchase of Questar Pipeline Group, a natural gas pipeline provider. On July 12, 2021, the companies announced the termination of the Questar deal citing uncertainty associated with achieving clearance from the FTC.