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IGS Energy Acquires 80% Interest In Retail Supplier

December 29, 2021

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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Interstate Gas Supply, Inc. d/b/a IGS Energy (IGS) on December 1 effectively acquired an 80% membership interest in Dominion Energy Solutions, LLC (DES).

Prior to the transaction, Dominion Energy Solutions recently converted from a corporation to a limited liability company

As a result, Dominion Energy will effectively retain ownership of a 20% interest in DES.

"IGS and DES will continue to be operated as independent and distinct legal entities. There will be no change to the service provided to customers or the financial integrity of either company, nor will any aspect of the operation of DES materially change as an immediate result of the change in ownership," IGS said

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