Billionaire Warren Buffett tried to buy it but later bowed out. Billionaire Carl Icahn thinks buying it is a dumb idea — and has launched a tender offer and proxy fight to stop it. The long and winding road leading Southwest Gas Holdings to its planned $1.975 billion acquisition of Questar Pipeline from Dominion Energy started more than a year ago and touches on a number of hot-button topics in today’s energy industry: the divestiture of natural gas assets, the ongoing energy transition, concerns about antitrust regulations, activist investors, and infrastructure. In today’s RBN blog, we look at the sale itself, the current state of natural gas production and pipelines in the Rocky Mountains, and how that gas fits into the nationwide picture.
We Just Disagree – The Battle Over Questar Pipeline’s Natgas Infrastructure in the Rockies
