Announced
Completed
Financials
Tags
Single Bidder
United States
energy transportation
Gas Distribution
Private
Domestic
Majority
Friendly
Acquisition
Completed
Synopsis
Ullico-backed Hearthstone Utilities, a natural gas holding and transporting company, completed the acquisition of Hope Gas, an energy transportation company, from Dominion Energy, an energy company, for $690m. “Hope Gas is a valuable business with tremendous employees. The business and its people will fit extremely well with Ullico and Hearthstone’s commitment to safety and their mission to serve American workers and customers," Robert M. Blue, Dominion Energy Chairman, President and CEO.
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