RICHMOND, Va. — Dominion Energy will sell Questar Pipelines to Southwest Gas Holdings Inc. in a transaction valued at $1.975 billion, including the assumption of $430 million of existing indebtedness. Questar Pipelines consists of FERC-regulated, long-term contracted, transportation and underground storage assets in Utah, Wyoming and Colorado, together with related services and processing entities. The transaction is expected to close in the fourth quarter of 2021, subject to regulatory approvals.

Robert M. Blue, Dominion Energy chair, president and CEO, said, “We are pleased with the result of our sale process for these high-quality assets. This transaction represents another significant step in our evolution as a company, allowing us to focus even more on fulfilling the energy needs of our utility customers and continuing growth of our clean-energy portfolio, including the development of the largest offshore wind farm in North America.”

For more information, visit www.dominionenergy.com or www.swgas.com.