---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-230182"
form_type: "8-K"
ticker: "D"
cik: "0000715957"
company_name: "DOMINION ENERGY, INC"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-31T00:04:45.335387+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dominion Energy closes sale of PSNC gas utility to Enbridge for $2.0B cash + $1.2B debt

## Summary
- Enbridge paid ~$2.0B cash and assumed ~$1.2B debt for PSNC, a North Carolina gas utility.
- Transaction closed Sept 30, 2024; previously announced Sept 5, 2023.
- PSNC serves residential, commercial, and industrial gas customers in North Carolina.
- No pro forma financials required as PSNC was reported as discontinued operations in 10-K.

## SEC filing metadata
- accession: 0001193125-24-230182
- form_type: 8-K
- ticker: D
- cik: 0000715957
- company_name: DOMINION ENERGY, INC
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/715957/000119312524230182/0001193125-24-230182-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/715957/000119312524230182/d900286d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-230182
- JSON: https://secwatch.observer/filing/0001193125-24-230182.json
- Plain text: https://secwatch.observer/filing/0001193125-24-230182.txt

## Key facts
- M&A Transactions
  DOMINION ENERGY, INC completed a disposition involving Enbridge Parrot Holdings, LLC for approximately $2.0 billion in cash and assumed approximately $1.2 billion of indebtedness (closed 2024-09-30).
  - Action: disposition
  - Counterparty: Enbridge Parrot Holdings, LLC
  - Consideration: approximately $2.0 billion in cash and assumed approximately $1.2 billion of indebtedness
  - Closing: 2024-09-30
  source text: the terms of the purchase and sale agreement, dated as of September 5, 2023, by and between Dominion Energy and Enbridge. At closing, Enbridge paid Dominion Energy approximately $2.0 billion in cash and assumed approximately $1.2 billion of indebtedness. PSNC is a public utility primarily engaged in the purchase, sale, transportation and distribution of natural gas
  evidence_url: https://www.sec.gov/Archives/edgar/data/715957/000119312524230182/0001193125-24-230182-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
