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 [...]
Dominion Energy will host its fourth-quarter 2023 earnings call at 10 a.m. ET on Thursday, Feb. 22, 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 [...]
Largest storage facility in the company's fleet is now operating in Chesterfield County Batteries store energy and discharge it to the grid when customers need it the most In the latest expansion of Dominion Energy Virginia's growing renewable fleet, the company's largest battery storage facility to date is now operational. Located in Chesterfield County, the Dry Bridge Battery Energy Storage System can store up to 20 [...]
• Proposed pilot would provide backup power to 6,000-seat venue Dominion Energy Virginia is partnering with Virginia State University to develop an innovative battery storage project that would provide backup power to the VSU Multi-Purpose Center . The MPC, located on the VSU campus, hosts athletic events, conferences, concerts and other community events. The initiative is one of several proposed to the Virginia [...]
National Utility Scam Awareness Day is Nov.15 With another busy holiday season fast approaching, Dominion Energy is reminding customers that utility scammers never take a vacation. "Regardless of what holiday is on the calendar, we want to remind our customers that these scammers never take the day off," said Frank Hinckle, General Manager of Customer Service at Dominion Energy Virginia. "In fact, we often see an increase [...]