Dominion Energy will host its third-quarter 2023 earnings call at 10 a.m. ET on Friday, Nov. 3, 2023. 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 [...]
Projects total nearly 800 megawatts, enough to power about 200,000 Virginia homes Construction will support more than 1,600 jobs and $570 million in economic benefits In its fourth annual clean energy filing with the Virginia State Corporation Commission , Dominion Energy Virginia today proposed more than a dozen new solar projects for Virginia customers. If approved, the projects will generate 772 megawatts of [...]
Dominion Energy today announced the retirement of Carter M. Reid, executive vice president, chief of staff & corporate secretary of Dominion Energy and president-Dominion Energy Services, who will step down from her roles on Jan. 1, 2024. The company also announced that it is promoting Carlos M. Brown, senior vice president, chief legal officer, and general counsel, to president-Dominion Energy Services and executive vice [...]
RICHMOND, Va., Oct. 2, 2023 /PRNewswire/ -- Dominion Energy Inc. , has received notice of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation to purchase up to 2 million shares of Dominion Energy's common stock at a price of $44.00 per share in cash. The offer price is approximately 4.47% below the closing price of Dominion Energy's common stock on Sept. 26, 2023, the last trading day before the offer [...]
Bureau of Ocean Energy Management issues Final Environmental Impact Statement for Coastal Virginia Offshore Wind commercial project Final EIS analyzes potential environmental impacts and mitigation measures of CVOW CVOW remains on budget and on schedule; Dominion Energy expects to begin offshore construction in early 2024 and is expected to conclude in late 2026 Dominion Energy's Coastal Virginia Offshore Wind commercial [...]
The technologies could have significantly longer durations than existing batteries and offer other improvements In a filing Monday with the Virginia State Corporation Commission , Dominion Energy Virginia proposed a groundbreaking battery storage pilot project that could significantly increase the length of time batteries can discharge electricity to the grid. The Darbytown Storage Pilot Project will test two new [...]
Consistent with the previously outlined commitments & priorities of the ongoing business review Transactions valued at $14.0 billion - all cash consideration of $9.4 billion plus assumption of debt Highly credit accretive-100% of after-tax proceeds expected to be used to retire debt All sales expected to close by end of 2024, subject to customary regulatory approvals Company now expects to conclude review and announce [...]
Dominion Energy today announced closure of the sale of its 50% noncontrolling limited partnership interest in Cove Point LNG, LP, to Berkshire Hathaway Energy for $3.3 billion. In addition, Dominion Energy will receive proceeds of $0.2 billion from the settlement of related interest rate derivatives. This transaction was previously announced on July 10, 2023. A bidirectional liquefied natural gas facility on the western [...]
Deadline to apply for environmental grants is Sept. 30, 2023, at 5 p.m. ET Grants support environmental education and stewardship Since 2003, Dominion Energy has donated nearly $40 million to projects that protect and improve the environment Nonprofit and educational organizations within Dominion Energy's footprint are encouraged to apply for environmental grants to be distributed this year through the Dominion Energy [...]
Largest renewable energy project ever developed at a U.S. airport Officials from Dominion Energy and the Metropolitan Washington Airports Authority were joined by federal, state and local leaders today to break ground on the Dulles Solar and Storage project at Dulles International Airport. Once completed, it will be the largest renewable energy project ever developed at a U.S. airport. It will generate up to 100 megawatts [...]
• Aug. 11th is National 811 Day, which promotes safe digging practices to protect underground utility lines • Customers encouraged to call 811 and have underground utility lines marked before digging With summer comes extra time outside, and home improvement projects. Dominion Energy Virginia encourages homeowners and contractors to call 811 and have underground utility lines marked before beginning any digging [...]
Second-quarter 2023 GAAP net income of $0.69 per share; operating earnings of $0.53 per share Company initiates third-quarter 2023 operating earnings guidance of $0.72 to $0.87 per share RICHMOND, Va., Aug. 4, 2023 Dominion Energy today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles for the three months ended June 30, 2023, of $599 million compared with net loss of [...]
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