Tokyo Gas sells US gas unit to Grayrock Energy for $255 million

Core Points - Tokyo Gas, Japan's largest city gas supplier, has sold its U.S.-based subsidiary, TVL LLC, to Grayrock Energy for $255 million [1] Company Summary - The transaction involves the sale of TVL LLC, which is engaged in gas development and production [1] - The sale price of $255 million indicates a significant divestment by Tokyo Gas in its U.S. operations [1]