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Southwest Gas Holdings

Company Summary

Description

Southwest Gas Holdings, Inc. is a holding company with business interests in two major business segments – Natural Gas Operations and Construction Services. Driven by the values of safety, service, and reliability, we pursue excellence and innovation to enhance our reputation as a trusted provider of natural gas and construction services.

Website

https://www.swgasholdings.com/about-us/

Related Entities

Recent news

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  • 3/29/2022 - Southwest Selling 5.5MM... (subscriber access)

Company Transactions

Date: 12/31/2021
Type: Acquisition

BUYERS:
  • Southwest Gas Holdings
    • SELLERS:
  • Dominion Energy Inc.
  • Questar Pipeline Company
    • DETAILS:

    COST: 1.975 $B

    NOTES:
    Dominion Energy officially signed an agreement with Southwest Gas Holdings to divest the Questar Pipelines unit for $1.975 billion, including $430 million in debt. Closing is targeted for 4Q21.
    REGIONS:
  • Rockies

    • Date: 12/31/2018
    Type: Acquisition

    BUYERS:
  • Southwest Gas Holdings
  • Centuri Construction Group
    • SELLERS:
  • Linetec Services
    • DETAILS:

    COST: 336 $MM

    NOTES:
    Southwest Gas Holdings entered into a definitive agreement in which its subsidiary, Centuri Construction Group, will acquire Linetec Services. Centuri will acquire an 80% interest in Linetec for $299 million in cash and will contain the option to acquire the remaining 20% ownership interest in Linetec in increments during the next five years. The overall initial transaction cost is roughly $336 million and the transaction is expected to close by year-end 2018.
    REGIONS:
  • Gulf Coast
  • Middle Atlantic