Dominion Energy today announced that Adam S. Lee, special agent in charge of the Federal Bureau of Investigation's Richmond Division since 2014, will join the company as vice president and chief security officer, effective Dec. 1, 2018. In his post – which is the company's first – Lee will be responsible for physical and cyber security across Dominion Energy's footprint. He will be expected to direct the [...]
RICHMOND, Va. and The proposed combination of Dominion Energy Inc. and SCANA Corporation has received the approval of the North Carolina Utilities Commission. It is the sixth of seven approvals necessary to close the merger. The merger previously received approval from SCANA's shareholders, the Federal Energy Regulatory Commission, the Georgia Public Service Commission, the Nuclear Regulatory Commission and early [...]
- Company will partner with Department of Veterans Services to boost energy-efficiency upgrades for Virginia veterans Dominion Energy is building on its partnership with the Department of Veterans Services to launch a new "100 Homes for 100 Veterans" EnergyShare initiative. At least 100 pre-selected veterans will receive free energy efficiency upgrades and learn how to reduce energy usage and save money on their energy [...]
- 824 megawatts of solar currently under development or in operation - Commitment for 3,000 megawatts of solar and wind energy by 2022 - Includes 12-megawatt Coastal Virginia Offshore Wind pilot project - Energy efficiency, grid transformation key to cleaner energy future Dominion Energy Virginia is moving forward on clean energy projects, from sources such as solar and wind, to meet its commitment of 3,000 megawatts of [...]
Dominion Energy Inc. , has closed its inaugural offering of green bonds. The $362 million in privately placed bond proceeds will be used to reimburse Dominion Energy for previously deployed capital related to the acquisition, development and/or construction of 20 merchant solar projects with a total capacity of 574 megawatts of renewable energy. The projects – located in California, North Carolina, South Carolina [...]
STAMFORD, Conn., HOUSTON, DALLAS and First Reserve, a leading global private equity investment firm exclusively focused on energy, today announced an agreement to purchase Dominion Energy's 50% interest in Blue Racer Midstream, LLC , funded in part by equity from First Reserve Fund XIII and investment funds affiliated with First Reserve. The transaction is expected to close prior to year-end 2018, subject to regulatory [...]
- Net income attributable to the partnership of $47.5 million and Adjusted EBITDA of $76.0 million - Board of Directors declares cash distribution of $0.3690 per unit, representing 5 percent increase above the second-quarter 2018 Dominion Energy Midstream Partners, LP , reported unaudited net income attributable to the partnership of $47.5 million for the three months ended Sept. 30, 2018. Adjusted earnings before [...]
- Third-quarter 2018 reported earnings of $1.30 per share; operating earnings of $1.15 per share - Narrows full-year 2018 operating earnings guidance to $3.95 to $4.10 per share - Executed agreement to divest interest in Blue Racer Midstream for consideration of up to $1.5 billion - Atlantic Coast Pipeline and Supply Header cost, schedule modifications Dominion Energy today announced unaudited reported earnings [...]
Dominion Energy today issued the following statement regarding the South Carolina Public Service Commission evidentiary hearings that will begin Nov. 1, 2018: "Dominion Energy looks forward to the South Carolina PSC hearing process that begins tomorrow, and is pleased to put forth our proposals to stabilize and improve South Carolina's energy future. "We continue to prefer and advocate for our original plan that would [...]
The Public Service Commission of South Carolina will be live streaming the hearing in regards to the Joint Application and Petition of South Carolina Electric & Gas Company, principal subsidiary of SCANA Corporation , and Dominion Energy Inc. beginning November 1, 2018 until its conclusion. The link to the live stream can be found on the SCPSC's website at http://www.psc.sc.gov. PROFILE SCANA Corporation, headquartered in [...]
The board of directors of Dominion Energy has declared a quarterly dividend of 83.5 cents per share of common stock. Dividends are payable on Dec. 20, 2018, to shareholders of record at the close of business Dec. 7, 2018. This is the 363rd consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared July 31, 2018. View original [...]
-Company issues 'Request for Proposals' for solar and onshore wind generation -Committed to developing 3,000 megawatts of new renewable energy Dominion Energy is seeking bids for up to 500 megawatts of solar and onshore wind generation as part of a plan to develop 3,000 megawatts of additional solar and wind power under Virginia's new Grid Transformation & Security Act . The GTSA, which became law on July 1, 2018, paves [...]
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