Calgary-based pipeline firm Enbridge Inc. signed three separate agreements with US-based Dominion Energy, Inc. to acquire natural gas distribution companies The East Ohio Gas Company (EOG), Questar Gas Company (Questar Gas), and Public Service Company of North Carolina, Incorporated (PSNC), in a deal valued at $19 billion (US$14 billion). The acquisition comprises US$9.4 billion in cash, plus US$4.6 billion of assumed debt. Upon deal completion, Enbridge's gas distribution and storage (GDS) business will be the largest, by volume, in North America with a combined rate base of over $27 billion. The deal is expected to close in 2024, subject to required federal and state regulatory approvals.