Enbridge Inc. has signed a US$14 billion cash-and-debt deal that represents a major vote of confidence by the Canadian company in the future of natural gas.
The Calgary-based energy infrastructure giant said Tuesday it will purchase three U.S.-based utility companies—The East Ohio Gas Company, Questar Gas Company and its related Wexpro companies, and the Public Service Company of North Carolina—all of which are owned by Virginia-based Dominion Energy Inc.
