Reply To: Traders Market Weekly: Balancing Expectations, Earnings and Money Flow

11 Jul '23 at 7:39 am #61918

Participant

Dominion Energy (D) Monday said it would sell its 50% stake in the Cove Point LNG plant in Maryland to Berkshire Hathaway Energy (BRK.A) (BRK.B) in a deal valued at $3.3B.

Dominion (D) said its stake in the plant was a non-core holding, and that it would use the proceeds from the deal to repay debt.

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