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Dominion Energy Inc said on Friday the estimated cost of its Atlantic Coast natural gas pipeline from West Virginia to North Carolina has risen to $7.0 billion-$7.5 billion, adding that it has ...
Dominion also said it entered into an equity financing deal with Stonepeak, an alternative investment firm, to fund 50% of the cost of the project up to $11.3 billion.
In July 2020, Dominion announced plans to sell natural gas transmission and storage assets to Berkshire Hathaway; the size of the deal is estimated at $10 billion. [29] In February 2022, Dominion Energy sold one of its subsidiary, Dominion Energy West Virginia, to Hearthstone Utilities Inc. for $690 million. Hearthstone will continue operations ...
On 1 April 2013, Dominion filed an application with the FERC (Docket Number CP13-113) for expansion of the Cove Point facilities for gas liquefaction and export. [9] The proposed expansion was projected to cost $3.4 billion to $3.8 billion. [10]
On July 5, 2020, Dominion Energy and Duke Energy announced that they would cancel the project due to legal uncertainty and delays concerning the project's costs. [30] [31] On the same day, Berkshire Hathaway Energy announced it had reached an agreement to acquire Dominion Energy's gas transmission and storage business for $9.7 billion. [32]
Dominion Energy Inc (NYSE:D) reported third-quarter revenue of $3.941 billion, missing the consensus of $4.179 billion. Operating expenses declined to $2.72 billion from $2.78 billion a year ago.
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