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Dominion Energy Inc.

Bankruptcy filing outlines coal industry’s decline
Mar 16, 2022

Coal waste project launches in SW Va.

A public-private project to evaluate the critical minerals in coal waste products in Virginia, West Virginia and Kentucky launched Wednesday with a community meeting in the Virginia Highlands Small Business Incubator in Abingdon. The project, Evolve Central Appalachia (Evolve CAPP), is part of an almost $1.5 million grant from the U.S. Energy Department to the […]

Siemens Gamesa Renewable Energy S.A. is building a $200 million offshore wind turbine parts factory at Portsmouth Marine Terminal. Scheduled to be completed in early 2023, it should create 300-plus jobs. Photo courtesy Port of Virginia
Feb 25, 2022

Hubs and spokes

Economic conditions bounced back across many sectors in 2021, but the COVID-19 pandemic still impacted development deals occurring in Virginia. The state saw a great deal of focus on manufacturing and supply chain growth, areas expected to stay busy despite the recent change in state political leadership. In Hampton Roads, many of the region’s major […]

Dominion Energy to sell Questar Pipeline to Southwest Gas for $1.9B
Feb 11, 2022

Dominion Energy to sell W.Va. utility for $690M

Dominion Energy Inc. announced Friday it had signed a definitive agreement to sell its West Virginia natural gas utility to Washington, D.C.-based financial services company Ullico Inc.’s infrastructure business for $690 million. The sale of Hope Gas Inc., also known as Dominion Energy West Virginia (DEWV), is expected to close later this year. “For nearly […]

Youngkin announces secretary of administration pick
Jan 5, 2022

Youngkin announces secretary of administration pick

Gov.-elect Glenn Youngkin has chosen former Federal Reserve System Chief Information Officer Margaret “Lyn” McDermid as the commonwealth’s secretary of administration. “Lyn will play a pivotal role in making Virginia’s government work for the people. Her vast experience will allow us to hit the ground running on Day One as we seek to revamp our […]

Dominion orders 176 turbines from Siemens Gamesa
Dec 20, 2021

Dominion orders 176 turbines from Siemens Gamesa

Dominion Energy Inc. has ordered 176 offshore wind turbines from Siemens Gamesa Renewable Energy S.A. for its 2.6-gigawatt, $9.8 billion Coastal Virginia Offshore Wind project, the utility announced Monday. The Richmond-based Fortune 500 utility declined to release financial details of the contract. The SG 14-222 DD turbines — at more than 800 feet tall, the […]

Southwest Va. project will help manufacturers enter wind energy supply chain
Dec 14, 2021

Southwest Va. project will help manufacturers enter wind energy supply chain

Public-private campaign InvestSWVA announced Tuesday the launch of an economic development initiative designed to help Southwest Virginia manufacturers find entry points in the supply chain for wind energy equipment components. The initiative, called Project Veer, will connect Southwest Virginia manufacturers with industry experts, public sector partners, the Hampton Roads Alliance, Dominion Energ[...]

Dominion Energy to sell Questar Pipeline to Southwest Gas for $1.9B
Nov 19, 2021

Dominion reports increases in diverse hiring over past 5 years

Dominion Energy Inc. released its first public diversity, equity and inclusion report on Friday, reporting increases in gender and racial diversity among employees hired between 2016 and 2020. With a goal of reaching 40% in diverse workforce representation — meaning hires of women and non-white people — by 2026, the Richmond-based utility giant, which employs […]

Dominion Energy to sell Questar Pipeline to Southwest Gas for $1.9B
Nov 18, 2021

SCC approves Dominion settlement, refunding $330M to customers

The State Corporation Commission approved a settlement with Dominion Energy Virginia in which the Richmond-based utility will refund customers $330 million and reduce rates annually by $50 million, the SCC announced Thursday. For a residential customer using 1,000 kilowatt hours per month, the rate reduction will result in a decrease of about 90 cents per […]

Nov 4, 2021

Major companies pledge $1.5M for broadband expansion

Dominion Energy Inc., Meta Platforms Inc. — formerly Facebook — Glen Allen-based Primis Bank and Petersburg-based The Cameron Foundation have collectively pledged more than $1.5 million to expand broadband access across Virginia, Gov. Ralph Northam announced Thursday. The funding will contribute to efforts to extend service to 233,000 Virginians who lack access to broadband. “These […[...]

Dominion Energy to sell Questar Pipeline to Southwest Gas for $1.9B
Oct 5, 2021

Dominion Energy to sell Questar Pipeline to Southwest Gas for $1.9B

Richmond-based Dominion Energy Inc. has reached an agreement to sell its Questar Pipeline subsidiary to Las Vegas-based Southwest Gas Holdings Inc. for $1.975 billion, the Fortune 500 utility announced Tuesday. The all-cash deal includes the assumption of $430 million of debt. The transaction is expected to close in the fourth quarter. Questar Pipeline is an […]

Dominion has erected two pilot wind turbines as part of its plan to build the nation’s largest offshore wind farm 27 miles off the Virginia Beach coast. Photo by Mark Rhodes
Aug 25, 2021

Dominion Energy and Port of Va. reach lease agreement for offshore wind project

Dominion Energy Inc. and the Port of Virginia reached an agreement allowing Dominion to lease 72 acres of the Portsmouth Marine Terminal, Gov. Ralph Northam announced Wednesday. Dominion Energy will use its portion of the 287-acre terminal, one of the Port of Virginia’s two multiuse terminals in the Norfolk Harbor, as a staging and pre-assembly […]

Dominion Energy has completed construction on two massive wind turbines 27 miles off the coast of Virginia Beach (Photo by Beth Cooper)
May 13, 2021

Offshore wind coworking space opens in Norfolk

The growing offshore wind industry in Hampton Roads caught another gust Wednesday with the opening of a coworking and networking space in Norfolk‘s World Trade Center. The hub, called the Virginia Offshore Wind Landing — or the Landing, for short — is a joint venture of Old Dominion University’s OpenSeas Technology Innovation Hub, the Hampton […]

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