Berkshire Hathaway Energy (BRK.A) (BRK.B) announced on Monday it had it agreed to acquire Dominion Energy’s (D) 50% stake in the Cove Point LNG plant in Maryland in a deal valued at $3.3 Billion. Berkshire Hathaway Energy (BRK.A) (BRK.B) currently operates the facility and owns a 25% limited partner interest in Cove Point LNG, will own a 75% stake after the deal closes, with Brookfield Infrastructure Partners (BIP) holding the remaining 25% interest. Robert Blue, Dominion’s chief executive, in a … Continue reading “Berkshire Hathaway Increases Stake to 75% of Cove Point LNG, Buys Out Dominion Energy”