Dominion Energy

  • US Department of Energy
  • Dominion Energy (NYSE:D), headquartered in Richmond, Va, 7.5 million customers in 18 states, Solar Energy
  • Dominion Energy South Carolina-named in securities fraud case against SCANA failed Fairfield County V.C. Summer expansion
  • Thomas F. Farrell, II, chairman, president, CEO
  • US AG Bill BarrDominion Energy board from 2009- Resignation as Chair of the Compensation, Governance and Nominating Committee  February 12, 2019, Confirmed AG February 14, 2019
  • Dominion Energy-SCANA merged after SCANA SEC case, effective February 15, 2019:
  • James A. Bennett– SCANA Board 1997, in merger Compensation Committee and as a member of the Audit and Executive Committees, First-Citizens Bank & Trust in Columbia, S.C., 1994- Executive VP, director of Public Affairs & chief diversity officer, Columbia Urban League chair during 25 years, former chairman of the board of Claflin University, vice chair of the South Carolina Bankers Association,  Prisma Health board
  • D. Maybank Hagood- SCANA Board since 1999, lead director and chair of the Audit Committee, Southern Diversified Distributors, Inc. (SDD), subsidiary William M. Bird and Company, Inc., CEO since 1993, president until June 2009, SDD CEO since 2003, chairman since 2012.  
  • Dominion Energy Adds Two New DirectorsPR Newswire

“$100 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution and import/export services. As one of the nation’s leading solar operators, the company intends to reduce its carbon intensity 60 percent by 2030. Through its Dominion Energy Charitable Foundation, as well as EnergyShare and other programs, Dominion Energy contributed nearly $35 million in 2018 to community causes. Please visit www.dominionenergy.com to learn more.”

Dominion Energy commits $5 million to social justice, community rebuilding WTVR Channel 6 By: Vernon Freeman Jr. June 05, 2020

Appalachian Trail Pipeline

Dominion Energy and Duke Energy Cancel the Atlantic Coast Pipeline RICHMOND, Va. and CHARLOTTE, N.C., July 5, 2020 /PRNewswire/ — Dominion Energy (NYSE: D) and Duke Energy (NYSE: DUK) today announced the cancelation of the Atlantic Coast Pipeline (“ACP”) due to ongoing delays and increasing cost uncertainty which threaten the economic viability of the project.

Despite last month’s overwhelming 7-2 victory at the United States Supreme Court, which vindicated the project and decisions made by permitting agencies, recent developments have created an unacceptable layer of uncertainty and anticipated delays for ACP.

Specifically, the decision of the United States District Court for the District of Montana overturning long-standing federal permit authority for waterbody and wetland crossings (Nationwide Permit 12), followed by a Ninth Circuit ruling on May 28 indicating an appeal is not likely to be successful, are new and serious challenges. The potential for a Supreme Court stay of the district court’s injunction would not ultimately change the judicial venue for appeal nor decrease the uncertainty associated with an eventual ruling. The Montana district court decision is also likely to prompt similar challenges in other Circuits related to permits issued under the nationwide program including for ACP.”

U.S. Marshals Enforce Eminent Domain for Constitution Pipeline DC Media Group by |Published The Hollerans have owned the 23-acre tract since 1950, when Megan Holleran’s grandfather bought it to start the Harford Maple Syrup business. Losing the hundreds of sugar bush maple trees will effectively end 90% of their business.

Cabot Oil & Gas Company and Williams Partners applied for permission to build the 124-mile project in 2013. The Federal Energy Regulatory Commission (FERC) granted the first approvals to cut trees in Susquehanna County in January of this year. However, no permits have been issued to begin cutting in New York. The 30″ pipeline is planned to run from Susquehanna County, PA to Scholaire County, NY, 24 miles of which runs through Pennsylvania.”

Warren Buffett’s Berkshire Hathaway adds to energy portfolio, buys Dominion Energy gas lines in $9.7B deal USA Today Dalvin Brown July 5, 2020 “In addition to owning 100% of Dominion Energy Transmission, Berkshire Hathaway will also take a 25% stake in Cove Point, a natural gas facility in Maryland. Berkshire Hathaway will also own 50% of Iroquois, a natural gas system that serves the Northeast. The $9.7 billion deal does not include acquisition of the proposed 600-mile Atlantic Coast Pipeline, a joint venture between Dominion and Duke Energy that would’ve stretched from West Virginia through Virginia and North Carolina. “

Dominion close to settling case with securities regulators over SC nuclear project By Andrew Brown   “Dominion Energy, which bought SCANA Corp. and South Carolina Electric & Gas in 2019, could soon reach a $25 million settlement with stock market regulators over the failed V.C. Summer nuclear project that the acquired businesses abandoned nearly three years ago.The proposed deal would allow Dominion to remove itself from a high-profile civil case that the U.S. Securities and Exchange Commission filed in February. That lawsuit alleges that SCANA, the majority owner of the two partially built reactors in Fairfield County, “repeatedly deceived” investors and furthered a “historic” case of securities fraud.”

SCANA brass face fraud trial Lexington County Chronicle and Dispatch News by Jerry Bellune April 4, 2019 “3 retired SCANA executives will be tried for hiding a $9 billion nuclear fiasco. Federal Judge Margaret Seymour ruled enough evidence exists to show a jury the executives deliberately concealed from investors the failing status of their nucle- ar power plant, The State newspaper reported. The 3 are former CEO Kevin Marsh, chief financial officer Jimmy Addison and chief operating officer Stephen Byrne. All 3 retired with multi-million dollar retirement packages. Seymour’s ruling will allow a civil fraud lawsuit by former SCANA shareholders seeking to recover $2.7 billion in stock losses. Their shares plummeted from $72 a share to $43. The shareholders’ evidence shows the 3 “acted at least recklessly and possibly deliberately” to cover the failures, Seymour wrote in a 26-page order.”