$113,000 awarded to 13 nonprofits in North Carolina Grants awarded to 373 organizations across seven states Funding supports human needs, environmental stewardship, education, and community vitality The Dominion Energy Charitable Foundation recently awarded more than $4.2 million in grants to nonprofit organizations across seven states. These recipients will expand nutritious options in communities facing food insecurity [...]
Dominion Energy Inc. , today announced the expiration and final results of its previously announced tender offer to purchase for cash any and all of its outstanding 4.65% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, without par value, with a $1,000 liquidation preference per share , at a purchase price of $997.50 per share, plus Accrued Dividends . The Offer expired one minute after 11:59 [...]
Milestone marks significant progress in the company's Strategic Underground Program Program reduces outages and restoration time by burying lines in most outage-prone areas Company reminds customers how to prepare for hurricane season Just ahead of the Atlantic hurricane season, Dominion Energy Virginia has finished burying 2,000 miles of previously-overhead power lines as part of its Strategic Underground Program [...]
RICHMOND, Va., June 3, 2024 /PRNewswire/ -- Dominion Energy Inc. , today announced closure of the sale of its Salt Lake City, Utah-based natural gas utility Questar Gas Company, and its cost-of-service gas supply company, Wexpro Company, to Enbridge Inc. for approximately $4.3 billion, including assumed indebtedness and adjusted for customary closing items. This transaction was previously announced on Sept. 5, 2023 [...]
Coastal Virginia Offshore Wind remains on budget and on schedule with construction expected to conclude in late 2026 DEME Group's heavy lift vessel, the Orion, erects the first of 176 monopile foundations Dominion Energy announced today the first monopile foundation for the 2.6-gigawatt Coastal Virginia Offshore Wind , the largest offshore wind farm under construction in the United States, was installed approximately 29 [...]
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 June 20, 2024, to shareholders of record at the close of business May 31, 2024. This is the 385th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Jan. 26, 2024. View original [...]
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 [...]
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