WGL Midstream Acquires Additional 3 Percent Interest in Mountain Valley PipelineOctober 31, 2016
WASHINGTON--(BUSINESS WIRE)--WGL Midstream, a subsidiary of WGL Holdings, Inc. (NYSE: WGL), today announced that it has increased its ownership interest in Mountain Valley Pipeline, LLC (“Mountain Valley”), by acquiring all of Vega Energy’s 3 percent interest in the joint venture. The other members of Mountain Valley include EQT Midstream Partners, LP (NYSE: EQM), a significant interest owner and operator of the proposed Mountain Valley Pipeline, and affiliates of NextEra Energy, Inc. (NYSE: NEE), Con Edison, Inc.
Bernie Tylor, 202-624-6778
Douglas Bonawitz, 202-624-6129