Overview Key strengths Key risks Questar Gas Co. (Questar) is a low-risk regulated utility business that effectively manages its regulatory risk. Limited business and regulatory diversity as a significant majority of its customer base is in Utah. Strong access to gas supply, transportation, and storage. High capital spending and negative discretionary cash flow indicates a need for external funding. On Sept. 5, 2023, Dominion Energy Inc. entered into separate definitive agreements with Enbridge to sell several gas assets, including Questar, for an aggregate purchase price of US$14.0 billion. The Questar acquisition is expected to close in 2024, subject to the satisfaction of closing conditions, including the receipt of required U.S. federal and state regulatory approvals. Should the transaction close as
