RICHMOND, Va. and Dominion Energy and SCANA Corporation on Thursday filed a stipulation agreement with the Public Staff of the North Carolina Utilities Commission and an intervenor in the proposed merger between the two companies. SCANA's assets include PSNC Energy, a natural gas utility based in Gastonia, N.C. Remaining necessary approvals include those of the NCUC and of the South Carolina Public Service Commission [...]
Customers eyeing a smart thermostat, new washer and dryer, or a tune up to their current electric heat pump could soon benefit from rebates and incentives. Those offerings are just a sample of 11 proposals to save Dominion Energy Virginia customers both energy and money, if approved by the State Corporation Commission. The programs would likely begin in about a year. The Grid Transformation & Security Act of 2018 requires [...]
SCANA Corporation will release its third quarter 2018 earnings on Thursday, October 25, 2018, before the market opens. Due to the pending combination with Dominion Energy Inc. , SCANA will not be hosting a conference call. This practice is consistent with the Company's release of financial results since the announcement of the proposed combination at the beginning of 2018. Prepared materials summarizing quarterly [...]
Dominion Energy employees recognized for top innovations and solutions that benefit customers and the environment. A mobile app solution to enhance collaboration with customers won top recognition at Dominion Energy's inaugural Innovation Expo. The app uses augmented reality to communicate with customers one-on-one before overhead power lines are converted to underground power lines on their property. An employee-led [...]
-- Company successful in Army's competitive bid process -- Deal includes 50-year contract to provide electric service -- Fort in Columbia, S.C., is Army's largest training center RICHMOND, Va., Oct. 1, 2018 /PRNewswire/ -- A subsidiary of Dominion Energy has been awarded the contract to purchase and operate the electric utility system for the U.S. Army's Fort Jackson in Columbia, S.C. "We have a long tradition of working [...]
Starwood Energy Group Global, LLC, a leading private investment firm focused on energy infrastructure, announced today that it has signed an agreement to buy a 100 percent interest in two combined-cycle gas turbine plants totaling 1,708 MW from Dominion Energy for approximately $1.23 billion. The two assets are comprised of the 1,240 MW Fairless Power Station located in Pennsylvania, and the 468 MW Manchester Street Power [...]
- Agreements executed to divest interests in three merchant generation assets - Total cash proceeds of $1.32 billion, above the midpoint of previously issued guidance - Proceeds will be used to reduce parent-level debt - Successfully completes the credit improvement initiatives announced earlier this year RICHMOND, Va., Sept. 24, 2018 Dominion Energy today announced that it has executed definitive agreements to divest its [...]
- Dominion Energy offers Dominion Energy common shares in exchange for outstanding public Dominion Energy Midstream common units - Fixed exchange ratio reflects a common unit valuation of $17.75, an 8.2 percent premium to the 30-day volume-weighted average unit price Dominion Energy today announced that it has made an offer to Dominion Energy Midstream Partners to acquire all outstanding common units not owned by [...]
- Company positioning people, equipment and supplies - Customers should plan and prepare for a major hurricane Dominion Energy is tracking Hurricane Florence's path closely as the major storm is forecast to hit the East Coast by late Thursday. The company is preparing for significant impacts, including high winds and flooding, across its service area in North Carolina and Virginia. Customers in both states are urged to [...]
RICHMOND, Va. and The proposed combination of Dominion Energy Inc. and SCANA Corporation has achieved another significant milestone. The U.S. Nuclear Regulatory Commission has approved the indirect transfer of the Operating License for V.C. Summer Unit 1 and of the Combined Licenses for V.C. Summer Units 2 and 3 from SCANA's wholly owned subsidiary, South Carolina Electric & Gas , to Dominion Energy. This constitutes one [...]
- Grants totaling $50,000 will be awarded to community-based arts education programs - Eligibility expanded to programs that serve students of all ages Dominion Energy is inviting nonprofit arts organizations across Virginia to apply for a 2018 Dominion Energy ArtStars award. Shining Star Awards of $10,000 apiece will be awarded in each of five regions to arts and cultural programs that enliven communities through [...]
- Proceeds will be used to reduce DEI parent-level debt - Significant milestone toward successful completion of credit improvement initiatives Dominion Energy today announced that it has successfully secured commitments totaling $3 billion from over 20 lenders for its three-year, non-amortizing, Cove Point term loan facility. The facility is expected to close and fund later this month. Initial drawn pricing for the [...]