$113,000 awarded to 13 nonprofits in North Carolina "Every day, nonprofit organizations make an outsized impact on our communities," said Hunter A. Applewhite, President of the Dominion Energy Charitable Foundation. "We are proud to support them with grants that will strengthen their efforts. That's just one more way Dominion Energy demonstrates its commitment to the communities we serve." ELIZABETH CITY, N.C., June 18, 2024 /PRNewswire/ -- The Dominion Energy Charitable Foundation recently awarded more tha ...

Dominion Energy (D) ended the recent trading session at $51.46, demonstrating a +0.04% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.35%. Analysts and investors alike will be keeping a close eye on the performance of Dominion Energy in its upcoming earnings disclosure. The company is expected to report EPS of $0.59, up 11.32% from the prior-year quarter. Simultaneously ...

About Dominion Energy More than 4.5 million customers in 13 states energize their homes and businesses with electricity or natural gas from the company (NYSE: D), headquartered in Richmond, Va. The company is committed to providing reliable, affordable, and increasingly clean energy every day and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more. RICHMOND, Va., June 5, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced the expiration and final results ...

Dominion Energy (D) announced that its unit Dominion Energy Virginia has completed burying 2,000 miles of overhead power lines, which is part of the company's Strategic Underground Program. The shifting of power lines underground will lower storm-related outages and reduce the time for restoration of power in outage-prone areas during the hurricane season. The above-average hurricane seasons means that the utilities will have to be more vigilant and take prompt action to counter the impact of storms. Apart ...

The Strategic Underground Program is one of several programs that the company has launched in recent years to reduce power outages and make the grid more resilient. The company's Mainfeeder Hardening program, for example, is replacing older poles with taller, stronger ones that are rooted deeper in the ground and spaced closer together. The new poles are engineered and built with fiberglass cross-arms, which help prevent fallen trees or limbs from bringing down the entire pole. Since 2019, the company has h ...

One utility could supply power to a significant percentage of the world's major data centers. The AI power struggle Running generative AI models consumes enormous amounts of power, and the issue has mostly gone overlooked thus far in the generative AI boom. Predictions about generative AI power consumption vary, but some say it will impact the electrical grid in ways not seen since the spread of central air conditioning in the 1960s. According to Goldman Sachs, data center power demand is expected to grow 1 ...

RICHMOND, Va., May 22, 2024 /PRNewswire/ -- Dominion Energy announced today the first monopile foundation for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW), the largest offshore wind farm under construction in the United States, was installed approximately 29 miles off the Virginia Beach coast. The monopile was installed by the Orion, DEME Group's heavy lift vessel. About Dominion Energy About 6 million customers in 15 states energize their homes and businesses with electricity or natural gas from ...

Aerial Bayview Ave. and Rosedale in Autumn, Toronto, Canada jimfeng Note: All amounts are in Canadian Dollars On our last coverage of Dream Office (TSX:D.UN:CA), we highlighted the key factors that kept us out. This was despite a rather large drop that made value buyers salivate. We felt a bounce and trading opportunity could materialize a little lower than where the stock was trading then. We think a bounce trade may materialize near the $7.00-$7.50 range, but we remain unconvinced for a longer-term play. ...

JHVEPhotoOn our last coverage of Dominion Energy, Inc. (NYSE:D), we looked at the asset sales from the company to Enbridge Inc. (ENB), (ENB:CA). The market was unusually antsy and beat down both the buyer and the seller. Surely the deal could not be bad for both? We actually took the opportunity to upgrade Dominion Energy to a Buy after that drop. We had a neutral rating on the stock and are upgrading this to a buy as well. As we expect utilities to remain under pressure from interest rate hikes, we wou ...

On May 6, 2024, the company successfully priced $2 billion of junior subordinated notes (EJSN Offering) The company intends to use proceeds from the EJSN Offering, in part, to purchase Series B Preferred Shares in connection with the cash tender offer The company intends to use remaining proceeds, including the $500 million attributable to the upsized EJSN Offering in excess of the company's 2024 hybrid financing guidance to repay short-term debt and/or opportunistically retire, redeem, or repurchase othe ...