Dominion Energy, Stonepeak Announce Closing of Sale of Noncontrolling Equity Interest In Coastal Virginia Offshore Wind Commercial Project

Improves Dominion Energy's quantitative & qualitative business risk profile via highly credit-positive partnershipStonepeak to fund 50% of project construction costs with meaningful protection from any unforeseen increases in the current project construction budgetSuccessfully concludes ~$21 billion debt reduction initiatives associated with Dominion Energy's business reviewRICHMOND, Va. and NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced that it has closed on a tran ...