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Sale of gas utility deferred in W.Va.
Saturday, November 21, 2009

The West Virginia Public Service Commission deferred action on a petition for the sale of natural gas utility Dominion Hope to a private investor group, thus delaying the sale of Pittsburgh utility Dominion Peoples to the same buyer.

Both transactions are part of a package deal between Dominion Resources Inc. and San Francisco-based SteelRiver Infrastructure Fund North America LP. Pennsylvania's Public Utility Commission approved the sale of Dominion Peoples Thursday.

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First published on November 21, 2009 at 12:00 am