---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-293866"
form_type: "8-K"
ticker: "ED"
cik: "0001047862"
company_name: "CONSOLIDATED EDISON INC"
filed_at: "2025-11-24T23:59:59+00:00"
generated_at: "2026-05-16T17:13:46.616384+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Con Edison subsidiary agrees to sell 6.6% interest in Mountain Valley Pipeline for $357.5 million

## Summary
- Con Edison subsidiary entered a purchase and sale agreement to sell its ~6.6% stake in Mountain Valley Pipeline, LLC to an Ares Management fund.
- The base purchase price is $357.5 million, subject to adjustments for taxes, performance assurances, distributions, and capital contributions.
- Transaction expected to close in first half of 2026, subject to customary conditions and potential preferential rights of MVP founding members.
- Proceeds will partially offset Con Edison's 2026 common equity needs and be used for general corporate purposes.

## SEC filing metadata
- accession: 0001193125-25-293866
- form_type: 8-K
- ticker: ED
- cik: 0001047862
- company_name: CONSOLIDATED EDISON INC
- filed_at: 2025-11-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047862/000119312525293866/0001193125-25-293866-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047862/000119312525293866/d15757d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-293866
- JSON: https://secwatch.observer/filing/0001193125-25-293866.json
- Plain text: https://secwatch.observer/filing/0001193125-25-293866.txt

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