M&A
confidence high
sentiment positive
materiality 0.90
Enbridge completes all three Dominion Energy gas utility acquisitions, total $14.1B
ENBRIDGE INC
- PSNC acquisition closed Sep 30, 2024 for ~$3.2B ($2.0B cash + $1.2B assumed debt).
- EOG acquisition closed Mar 6, 2024 for ~$6.6B ($4.3B cash + $2.3B debt).
- Questar acquisition closed May 31, 2024 for ~$4.3B ($3.0B cash + $1.3B debt).
- Combined acquisitions add ~$14.1B in value; assets rebranded as Enbridge Gas Ohio, Utah, Wyoming, Idaho, North Carolina.