Dominion Energy Inc. D, -0.09% said Monday it has agreed to transfer a 25% non-controlling equity interest in Cove Point to Brookfield Super-Core Infrastructure Partners, an infrastructure fund managed by Brookfield Asset Management Inc., for just over $2 billion in cash. Cove Point owns a liquefied natural gas import, export and storage facility located in Chesapeake Bay in Lusby, Md. The deal is part of Dominion's plan to establish a permanent capital structure for Cove Point, which has a 136-mile pipeline that connects the facility with the interstate pipeline system. The facility provides services to clients in the U.S., India and Japan. The deal has an implied enterprise value of $8.22 billion, said Dominion, excluding working capital. Proceeds will be used to reduce annual common equity financing and for general corporate purposes. The deal is expected to close by year-end. Dominion shares were not yet active premarket, but have gained 15% in 2019, while the S&P 500 SPX, +0.53% has gained 19%.