Enbridge (ENB) Expands U.S. Footprint With East Ohio Gas Deal
ENBEnbridge(ENB) Zacks Investment Research·2024-03-11 21:31

Enbridge Inc. (ENB) ) concluded its acquisition of The East Ohio Gas Company (“EOG”) from Dominion Energy, Inc.(D) , solidifying its position in the U.S. utility sector. As part of the transaction, EOG will now operate under the name Enbridge Gas Ohio and will become a part of Enbridge's Gas Distribution and Storage Business Unit. The deal, valued at 14billion(C14 billion (C19.1 billion), is part of a series of agreements inked by Enbridge in 2023 to acquire three natural gas distribution companies from Dominion Ene ...