Priorities & commitments of ongoing business review are unchanged including commitment to current dividend Fully regulated Coastal Virginia Offshore Wind project on time and on budget; company in advanced stages of process to assume a noncontrolling equity financing partner - final strategic step outstanding in business review Company to conclude review upon completion of CVOW partnership decision; expected by year-end [...]
Dominion Energy Inc. , today announced that Ronald W. Jibson and Michael E. Szymanczyk will retire from the company's board of directors, continuing to serve the company on the board until the 2024 Annual Meeting of Shareholders. Jibson was elected to the board in 2016 after the completion of the combination of Dominion Energy and Questar Corp., where he was chairman, president, and chief executive officer. He serves on [...]
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 Dec. 20, 2023, to shareholders of record at the close of business Dec. 1, 2023. This is the 383rd consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Aug. 2, 2023. View original [...]
Bureau of Ocean Energy Management issues favorable Record of Decision to conclude environmental review for Coastal Virginia Offshore Wind project Onshore construction will begin later this year and offshore construction is scheduled for early 2024 Dominion Energy's Coastal Virginia Offshore Wind received a favorable Record of Decision from the Bureau of Ocean Energy Management today. The project is on-time and on budget [...]
Dominion Energy today announced the promotion of Steven Ridge, senior vice president and chief financial officer, to executive vice president and chief financial officer of Dominion Energy. The company also announced the promotion of Corynne Arnett, senior vice president-Regulatory and Customer Experience, to executive vice president-Regulatory and Customer Experience. These changes become effective Jan. 1, 2024. Ridge [...]
Coastal Virginia Offshore Wind remains on budget and on schedule Dominion Energy expects to begin offshore construction in early 2024 and to conclude in late 2026 These eight monopile foundations are the first of 176 to be delivered and staged in Portsmouth Dominion Energy's Coastal Virginia Offshore Wind commercial project took one more step to starting construction when the first eight monopile foundations were safely [...]
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 [...]