On May 6, 2024, the company successfully priced $2 billion of junior subordinated notes The company intends to use proceeds from the EJSN Offering, in part, to purchase Series B Preferred Shares in connection with the cash tender offer The company intends to use remaining proceeds, including the $500 million attributable to the upsized EJSN Offering in excess of the company's 2024 hybrid financing guidance to repay [...]
First-quarter 2024 GAAP net income of $0.78 per share; operating earnings of $0.55 per share Company affirms all financial guidance provided at its March 1, 2024 investor meeting including guidance related to earnings, credit, and dividend Dominion Energy Inc. , today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles for the three months ended March 31, 2024, of $674 [...]
CVOW construction has not been delayed or stayed, and any representation to the contrary is false Erroneous news releases blatantly and grossly misrepresent the facts The company strongly believes that the plaintiffs' petition is without merit CVOW remains on schedule and on budget consistent with previously disclosed timelines and costs Dominion Energy Inc. , today announced that any reports that the Coastal Virginia [...]
Charybdis successfully launched to water at Seatrium AmFELS shipyard in Brownsville, Texas consistent with project expectations No change to the vessel's timeline which supports the current Coastal Virginia Offshore Wind construction schedule CVOW receives final federal permit; expects to begin monopile installation in coming weeks Dominion Energy announced today that Charybdis, the United States' first Jones [...]
Dominion Energy will host its first-quarter 2024 earnings call at 10 a.m. ET on Thursday, May 2, 2024. Management will discuss matters of interest to financial and other stakeholders including recent financial results. A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com. For individuals who [...]
April is National Safe Digging Month As warmer weather brings an increase in outdoor home improvement projects, Dominion Energy is reminding the public to stay safe and contact 811 to have their underground utility lines marked before any digging project begins. Landscaping, irrigation and fence installations are among the projects that routinely cause damage to underground utility lines. According to the Common Ground [...]
Projects total more than 750 megawatts, enough to power nearly 200,000 Virginia homes Construction will support more than 1,600 jobs and $570 million in economic benefits The Virginia State Corporation Commission approved on Friday more than a dozen new solar projects that will significantly expand Dominion Energy Virginia's growing clean energy fleet. The projects will generate 764 megawatts of electricity, enough to [...]
Grants support human needs, environmental stewardship, education, and community vitality Starting in 2024, applications will be accepted online during two annual grant cycles Deadline to apply for spring grant cycle is April 2, 2024 at 5 p.m. EST Nonprofit and educational organizations within Dominion Energy's service areas are encouraged to apply for grants from the Dominion Energy Charitable Foundation. Starting this [...]
Dominion Energy Inc. , today announced closure of the sale of its Ohio natural gas utility - The East Ohio Gas Company - to Enbridge Inc. for approximately $6.6 billion, including assumed indebtedness and adjusted for customary closing items. This transaction was previously announced on Sept. 5, 2023. The East Ohio Gas Company is a Cleveland-based gas utility employing about 1,500 people and serving 1.2 million Ohio homes [...]
As previously announced, Dominion Energy Inc. will host an investor meeting starting at 8:00 a.m. ET today, March 1, 2024. The members of the senior management team plan to discuss Dominion Energy's overall strategy, provide comprehensive and multi-year financial and capital investment guidance, and participate in Q&A. The presentation will be available live via online webcast accessible through the company's investor [...]
12th annual program recognizes African American leaders and their contributions to the Commonwealth Honorees include a Navy Commanding Officer, NASA Project Director, Sheriff, and Dentist Four high school student finalists of creative contest also recognized Dominion Energy Charitable Foundation and the Library of Virginia are pleased to announce the 2024 Strong Men & Women in Virginia History honorees and Student [...]
Fourth-quarter 2023 GAAP net income of $0.30 per share; operating earnings of $0.29 per share Full year 2023 GAAP net income of $2.29 per share; operating earnings of $1.99 per share Affirms previously communicated business review commitments and priorities Announces agreement to sell a noncontrolling equity partnership interest in CVOW in a highly credit positive transaction that features robust cost and risk-sharing and [...]
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