Divestiture

{
  "id": "MLC-T-ENE-000578",
  "term": "Divestiture",
  "field": "Energy",
  "definition": "The stripping off of one utility function from the others by selling (spinning-off) or in some other way changing the ownership of the assets related to that function. Stripping off is most commonly associated with spinning-off generation assets so they are no longer owned by the shareholders that own the transmission and distribution assets.",
  "subject": "Electricity",
  "references": [
    "EIA Glossary"
  ],
  "url": "https://mlchart.com/terminology/energy/divestiture/"
}