WGL Holdings to Invest $68M in Constitution Pipeline

WGL Holdings, Inc.

, through its subsidiary, Capitol Energy Ventures Corp. (CEV), today announced its equity investment in Constitution Pipeline Company, LLC. The fully subscribed natural gas pipeline project will transport natural gas from the Marcellus region in northern Pennsylvania to major northeastern markets. CEV joins Williams Partners L.P.

, Cabot Oil and Gas Corporation

and Piedmont Natural Gas

in the project, and will invest an estimated $68 million. “Our involvement in the Constitution Pipeline is a demonstration of our continued execution of our strategy to grow our portfolio of infrastructure assets. The project also adds incremental earnings growth from a regulated investment,” said WGL Holdings, Inc., Chairman and CEO Terry D. McCallister. “We are proud