Pipeline operator Enbridge Inc will buy three natural gas utilities from Dominion Energy for $9.4 billion

Canadian pipeline operator Enbridge Inc. plans to acquire three gas distribution companies from Dominion Energy in a $14 billion deal to create North America's largest natural gas utility platform.

cnn.com

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9/6/2023

Enbridge dives as market frets over financial hit from $14 bln Dominion deal

Enbridge shares plummeted as the Canadian pipeline operator's $14 billion bid to acquire three utilities raised concerns about its financial impact and leverage, despite making Enbridge the largest gas utility in North America.