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 [...]
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has reached an agreement with Dominion Energy to acquire a 50% interest in its Coastal Virginia Offshore Wind project through the formation of an offshore wind partnership. The Project is expected to be the largest offshore wind farm in the U.S. and one of the largest offshore wind farms globally upon [...]
Announced partnership consistent with the previously outlined commitments & priorities of the business review Partnering with Stonepeak, a leading global infrastructure investor, to fund 50% of project construction costs with meaningful protection from any unforeseen increases in the current project construction budget Improves quantitative & qualitative business risk profile via highly credit-positive partnership [...]
12 Utah organizations receive $182,500 from the Foundation Environmental grants awarded to 114 organizations across 8 states Grants focus on environmental education and stewardship initiatives The Dominion Energy Charitable Foundation has awarded $1.3 million in environmental grants to 114 organizations across eight states, including $182,500 to 12 organizations in Utah. This year's recipients will beautify local parks [...]
More than $1.3 million to nonprofits across Dominion Energy's nationwide footprint 13 organizations in South Carolina are supported by grants Grants focus on environmental education and stewardship initiatives The Dominion Energy Charitable Foundation has awarded more than $251,000 in environmental stewardship grants to 13 nonprofit organizations and K-12 schools across South Carolina. This year's Environmental Education [...]
Bureau of Ocean Energy Management provides final approval of Coastal Virginia Offshore Wind's Construction and Operations Plan Army Corps of Engineers issues permit to ramp up onshore construction activities CVOW remains on budget and on schedule to begin offshore construction in the second quarter of this year Dominion Energy announced today it has received the last two major federal approvals needed to begin [...]
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 March 20, 2024, to shareholders of record at the close of business March 1, 2024. This is the 384th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Nov. 2, 2023. View original [...]
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