Berkshire Hathaway Energy to acquire Dominion Energy’s gas transmission and storage business for $9.7 billion

DES MOINES: Berkshire Hathaway Energy, a subsidiary of Warren Buffett’s Berkshire Hathaway Inc., announced it has executed a definitive agreement to acquire Dominion Energy’s natural gas transmission and storage business. The transaction has an enterprise value of approximately $9.7 billion. The assets include over 7,700 miles of natural gas transmission lines, with approximately 20.8 billion…