McGuireWoods Advises Dominion Energy in Merger With Dominion Energy Midstream Partners

February 7, 2019

McGuireWoods advised Dominion Energy in completing a merger agreement with Dominion Energy Midstream Partners, LP. The merger resulted in the company acquiring all the outstanding public common units of Dominion Energy Midstream in exchange for Dominion Energy common shares. Under the agreement, Dominion Energy Midstream becomes an indirect, wholly owned subsidiary of Dominion Energy.

Dominion Energy Midstream is a limited partnership formed by Dominion Energy to grow a portfolio of natural gas terminaling, processing, storage, transportation and related assets. The merger agreement was signed in November 2018 and the transaction was completed Jan. 28, 2019.

The McGuireWoods team was led by partner Katherine DeLuca and associate David Rivard and included partner Jane Whitt Sellers and associate Daniel Howell.

“We were pleased to assist Dominion Energy in closing this significant transaction, and to continue to build the firm’s experience and reputation in the M&A arena,” DeLuca said.

Nearly 7.5 million customers in 18 states energize their homes and businesses with electricity or natural gas from Dominion Energy, headquartered in Richmond, Virginia. The company is committed to sustainable, reliable, affordable and safe energy and is one of the nation’s largest producers and transporters of energy with about $100 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution and import/export services.

McGuireWoods recently served as legal adviser to Dominion Energy in finalizing its $13.4 billion merger with South Carolina-based SCANA Corporation. The firm’s multidisciplinary energy team includes more than 100 lawyers who work across sectors. The firm ranked among the top law firms in highly respected league tables for M&A deals involving U.S. companies in 2018.