Item 8.01 Other Items.

On November 2, 2020, Dominion Energy, Inc. (Dominion Energy) announced that it has closed on the sale of the majority of its gas transmission and storage assets to Berkshire Hathaway Energy Company (BHE) for approximately $2.7 billion in cash and the transfer of approximately $5.3 billion of related indebtedness effective November 1, 2020. The sale of Dominion Energy's interests in Dominion Energy Questar Pipeline, LLC and related entities to BHE is expected to be completed in early 2021 following receipt of Hart-Scott-Rodino clearance. Dominion Energy has received a cash payment of approximately $1.3 billion in anticipation of the sale of these interests and will transfer approximately $430 million of related debt to BHE upon the closing of this follow-on transaction.

FORWARD-LOOKING STATEMENTS

This report contains certain forward-looking statements with respect to certain future plans concerning the sale of Dominion Energy Questar Pipeline, LLC and related entities, which are subject to various risks and uncertainties. Factors that could cause actual results to differ include, but are not limited to: the expected timing and likelihood of completion of the proposed transaction with BHE; the risk that Dominion Energy or BHE may be unable to obtain necessary regulatory approvals for the transaction or required regulatory approvals may delay the transaction; the risk that conditions to the closing of the transaction may not be satisfied and other risk factors that are detailed from time to time in Dominion Energy's quarterly reports on Form 10-Q and most recent annual report on Form 10-K filed, with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this report. Dominion Energy assumes no obligation to provide any revisions to, or update, any projections and forward-looking statements contained in this report.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses