Company's EnergyShare program offers customers year-round assistance to pay bills, conserve energy EnergyShare has helped nearly 900,000 individuals and families since 1982 This fall, Dominion Energy will provide free energy efficiency upgrades to 40 homes in 40 days to celebrate the EnergyShare program's 40th anniversary. The program offers year-round, shareholder-funded assistance to those most in need. Participating [...]
Project will destroy wetlands in scenic Great Pee Dee River and harm vulnerable communities Dominion Energy, one of the nation's top polluters, has immediate plans to condemn the land of several African-American heirs and working class citizens as part of their proposed pipeline project, which would run along the Great Pee Dee River and through several communities, including Pamplico. To address these urgent issues and [...]
Dominion Energy today announced closure of the sale of its West Virginia natural gas utility - Hope Gas, Inc. - to a subsidiary of Hearthstone Holdings, Inc., a portfolio company of Ullico Inc.'s infrastructure fund, for $690 million, adjusted for customary closing items. This transaction was previously announced on Feb. 11, 2022. DEWV is a Clarksburg, W.Va.-based gas utility employing about 300 and serving 111,000 West [...]
Hearthstone Holdings, Inc. , a portfolio company of Ullico Infrastructure Fund announced today that it closed on its acquisition of 100% of the equity interests in Hope Gas, Inc. , a regulated gas distribution company located in West Virginia. Hearthstone indirectly acquired Hope Gas from Dominion Energy Inc. . "I'm pleased Hearthstone is investing in West Virginia and is committed to bringing not only affordable domestic [...]
Concerto™ platform to support grid reliability and help transform Dominion Energy Virginia's distribution grid by integrating the growing portfolio of distributed energy resources Generac Grid Services, a subsidiary of Generac Power Systems , a leading designer and manufacturer of energy technology solutions and other power products, today announced that it has been selected by Dominion Energy Virginia to provide [...]
Deadline to apply for environmental grants is Sept. 30 at 5 p.m. EST Grants support environmental education and stewardship initiatives across Dominion Energy's footprint Since 2003, nearly $39 million donated to projects that protect and improve the environment Dominion Energy is encouraging nonprofit and educational organizations to apply for a total of $1 million in environmental grants to be distributed this year [...]
If a project involves digging, then contacting 811 is needed Aug. 11 is a day to remember to contact 811 The 811 service is free, required by law and protects public safety Thursday is National 811 Day , and Dominion Energy is joining utilities across the country to remind the public to contact 811 and have underground utility lines marked before completing summer home improvement projects that involve digging. The 811 [...]
Up to $6 billion in fuel savings possible for customers during project's first decade of operation, if ongoing commodity pressures continue Project will generate enough clean, renewable energy to power up to 660,000 homes Company evaluating performance requirement Dominion Energy reached a major milestone in the development of the 2.6-gigawatt Coastal Virginia Offshore Wind project by receiving approval from the Virginia [...]
The board of directors of Dominion Energy has declared a quarterly dividend of 66.75 cents per share of common stock. Dividends are payable on Sept. 20, 2022, to shareholders of record at the close of business Sept. 2, 2022. This is the 378th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared May 11, 2022. View original [...]
Three independent battery systems totaling 12 megawatts were installed at Scott Solar facility in Powhatan County Energy storage is key to grid reliability, continued solar and wind expansion, and achieving net zero emissions More battery energy storage projects are under development by Dominion Energy Dominion Energy Virginia today celebrated its largest operational battery energy storage pilot project, which was [...]
Dominion Energy Inc. , announced today that it will redeem for cash all outstanding shares of its Series A Cumulative Perpetual Convertible Preferred Stock on Sept. 1, 2022 , at a price of $1,000 per share, which is equal to the Series A Preferred Stock's per share liquidation preference. A regular quarterly dividend on the Series A Preferred Stock of $4.375 per share will be paid separately on Sept. 1, 2022, to holders [...]
The board of directors of Dominion Energy Inc. , has elected Kristin G. Lovejoy to serve as a director, effective Aug. 1, 2022. Lovejoy is a respected technology and cybersecurity executive currently serving as Global Security and Resilience Practice Leader for Kyndryl Inc., an IT infrastructure provider. Robert M. Blue, Dominion Energy's Chair, President and Chief Executive Officer, said: "Dominion Energy plays a [...]