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Mergers & Acquisitions ·

Consolidated Edison is selling its approximately 6.6 percent interest in Mountain Valley Pipeline, LLC to an Ares…

EDConsolidated Edison Inc

Consolidated Edison is selling its approximately 6.6 percent interest in Mountain Valley Pipeline, LLC to an Ares Management fund for $357.5 million. The transaction is expected to close in the first half of 2026, with proceeds intended to partially offset the company's 2026 common equity needs and fund general corporate purposes.

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