Enbridge announces strategic acquisition of three u.s. based utilities to create largest natural gas utility franchise in north america

Highlights: enbridge has entered into definitive agreements with dominion energy, inc. to acquire the east ohio gas company ("eog"), questar gas company ("questar gas"), and its related wexpro companies ("wexpro" and collectively with questar gas, "questar"), and public service company of north carolina, incorporated ("psnc") (collectively the "gas utilities") for an aggregate purchase price of us$14.0 billion (cdn$19 billion 1), comprised of us$9.4 billion of cash consideration and us$4.6 billion of assumed debt (the "acquisitions"). creates north america's largest natural gas utility platform delivering ~9.3 bcf/d to ~7 million customers across multiple regulatory jurisdictions.
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