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Dominion, Smithfield complete first renewable gas project in Utah
Dominion Energy Inc. and Smithfield Foods Inc., both based in Virginia, completed their first renewable natural gas (RNG) project in southwestern Utah, Smithfield announced Wednesday. In 2018, the Richmond-headquartered utility and Smithfield-based food company partnered in the $500 million Align Renewable Natural Gas joint venture to convert methane from Smithfield’s contracted hog farms in[...]
AES Corp. to sell $1.8B in debt in private offering
Arlington-based energy company AES Corp. announced Thursday its plans to sell $1.8 billion in debt in a private offering to institutional buyers. The company will offer $800 million in 1.375% senior notes due in 2026 and $1 billion in 2.45% senior notes due in 2031. AES intends to allocate an amount equal to the net […]
Shuttered Alexandria power plant making way for mixed-use development
A former coal-fired power plant in Alexandria will become home to a mixed-use development along the Potomac River. Chicago-based Hilco Redevelopment Partners (HRP), a Hilco Global business unit, announced Monday it purchased the 71-year-old Potomac River Generating Station site, which encompasses approximately 20 acres. HRP acquired the property through an agreement negotiated with Potomac Elect[...]
Dominion proposes nine new solar projects
Richmond-based Dominion Energy Inc. proposed a new slate of projects on Monday that would bring nearly 500 megawatts of solar energy to Virginia customers, enough to power around 125,000 homes at peak output. The proposal, which the utility called “its largest slate yet of new solar projects” in a statement, was submitted for approval by […]
Dominion closes on sale of majority of natural gas assets
Richmond-based Dominion Energy Inc. announced Monday that it has closed on the sale of the majority of its gas transmission and storage assets to Berkshire Hathaway Energy (a Berkshire Hathaway Inc. affiliate) for approximately $2.7 billion in cash and the transfer of approximately $5.3 billion of related indebtedness. In July following the cancelation of the […]
Va., Md., N.C. governors sign offshore wind collaboration
The governors of Virginia, Maryland and North Carolina on Thursday announced a three-state collaboration to advance offshore wind projects — the Southeast and Mid-Atlantic Regional Transformative Partnership for Offshore Wind Energy Resources. SMART-POWER will work to promote the Southeast and mid-Atlantic regions as a hub for offshore wind energy and industry. The three states will […]
Dominion launches electric school bus program
Earlier this week, Richmond-based Dominion Energy Inc. and Evington-based bus dealer Sonny Merryman Inc. rolled out the first Jouley electric school buses as part of the Dominion Energy Electric School Bus Program. “Once again, Virginia is leading the way in promoting electric vehicle technology and improving our environment,” Gov. Ralph Northam said in a statement. […]
Danville Utilities completes 14MW solar project
Danville Utilities, in partnership with Edison, New Jersey-based CS Energy LLC, Hingham, Massachusetts-based Navisun LLC and Denver-based TurningPoint Energy, announced Tuesday it has completed a 14-megawatt utility-scale solar project in Danville — the city’s largest solar development to date. The 100-acre project, which began construction in December 2019, is estimated to generate 23,551[...]
Northam announces wind training alliance
Gov. Ralph Northam on Wednesday announced the formation of the Mid-Atlantic Wind Training Alliance, Virginia’s first workforce training collaborative for the offshore and onshore wind energy industries. The program will offer industry-required certifications for wind project operations and long-term maintenance. The New College Institute in Martinsville will serve as the host institution, [...]
Dominion, Appalachian Power team up to expand energy storage
Virginia electric utility giants Appalachian Power and Dominion Energy Inc. announced Tuesday a public-private partnership with InvestSWVA that aims to expand renewable energy storage technology and attract industry prospects in Southwest Virginia. “With the greater proliferation of renewables, energy storage expansion will be a vital component in providing stability to our grid and support ou[...]
Energy
ROBERT M. ‘BOB’ BLUE PRESIDENT AND CEO, DOMINION ENERGY INC., RICHMOND In October, Blue takes over as Dominion’s president and CEO, though he’ll still answer to his predecessor, Thomas Farrell II, who’s taking on the title of executive chair. Blue joined Dominion in 2005, serving in various leadership roles, including, most recently, as executive vice […]
Dominion Energy directs $1M to help small businesses, residents pay energy bills
Virginia small businesses and residential customers can receive additional support to pay their energy bills through Richmond-based Dominion Energy Inc.’s EnergyShare program, the company announced Thursday. Small businesses, nonprofit organizations and houses of worship can receive up to $1,000 to go toward unpaid Dominion Energy Virginia electric bills that have accrued during the pandemic[...]
