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Old Dominion Electric Cooperative (ODEC) is an electric generation and transmission cooperative headquartered in Glen Allen, Virginia. ODEC provides wholesale power to its 11 member electric cooperatives in the states of Virginia , Maryland , and Delaware in the United States .
Old Dominion Power (ODP) (a subsidiary of Kentucky Utilities) The company was created in 1998, when LG&E Energy, parent of LG&E, acquired KU Energy, parent of KU and ODP. In 2000, Powergen , a British-based company, acquired LG&E Energy, which still operated under that name.
In 1926, KU acquired Old Dominion Power. KU was acquired by LG&E Energy, parent of Louisville Gas & Electric, in 1998. This combination was then acquired by British utility company Powergen in 2000, and ultimately Powergen was bought by German utility company E.ON in 2003. E.ON renamed LG&E Energy as E.ON U.S.
In 1957, Old Dominion extended its operations to most major markets in North Carolina and southern Virginia. Five years later, in 1962, the company relocated its headquarters to High Point, North Carolina and merged with Bottoms-Fiske trucking company. [20] [7] Between 1969 and 1979, the company acquired several competing trucking lines.
Dominion's closest direct corporate ancestor, Virginia Railway & Power Company, was founded by Frank Jay Gould on June 29, 1909. It bought Virginia Passenger & Power soon afterward. In 1925, the name was changed to the Virginia Electric and Power Company (VEPCO), a regulated monopoly. In 1940, VEPCO doubled its service territory by merging with ...
While that was the good news, the company also said it now expected total project costs to be 9% higher than the original projection, rising from $9.8 billion to $10.7 billion. ... Dominion will ...
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