Dominion Energy

Dominion Energy

About Dominion Energy

Simplify's Rating
Why Dominion Energy is rated
B-
Rated C on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Energy

Social Impact

Company Size

10,001+

Company Stage

IPO

Total Funding

N/A

Headquarters

Richmond, Virginia

Founded

1983

Overview

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Simplify's Take

What believers are saying

  • Increased interest in energy storage solutions benefits Dominion's future projects.
  • Offshore wind project offers substantial growth opportunities for Dominion Energy.
  • Collaboration with CFS highlights potential in next-generation energy solutions.

What critics are saying

  • Community opposition could delay Chesterfield peaker plant, impacting energy demands.
  • Sale of 50% stake in offshore wind project may affect timelines and outcomes.
  • Halting Tazewell pump storage project could damage local relationships and future projects.

What makes Dominion Energy unique

  • Dominion Energy integrates beehives into solar farms, enhancing biodiversity and public perception.
  • Partnership with CFS positions Dominion as a leader in advanced nuclear technologies.
  • Rapid water reduction achievement showcases Dominion's commitment to sustainable practices.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Company News

Virginia Mercury
Feb 13th, 2025
As power demand surges, Va. lawmakers seem ready to add more energy storage to the grid

Last year, Dominion announced plans to build a peaker plant in Chesterfield but has faced opposition from community members and environmental activists who say the plant could stall Virginia's decarbonization mandates.

The Cool Down
Jan 16th, 2025
Major energy company unveils plans to add unlikely horde of insects to solar facilities: 'An ideal pairing'

Clean energy company Dominion Energy has announced plans to add beehives to its Black Bear Solar farm in Dillwyn, Virginia, The Farmville Herald reported.

Vinson & Elkins
Dec 27th, 2024
Vinson & Elkins' Offshore Wind Project Named 2024 Deal of the Year

Vinson & Elkins represented Stonepeak in financing and acquiring the 50% stake from Dominion Energy.

Power Technology
Dec 18th, 2024
CFS to construct grid-scale commercial fusion plant in Virginia, US

CFS has entered a non-financial collaboration with Dominion Energy Virginia, which includes development, technical expertise and leasing rights for the proposed site.

12 On Your Side
Dec 6th, 2024
Lewis Ginter's GardenFest wins best holiday lights in the US

HENRICO, Va. (WWBT) - The Dominion Energy GardenFest of Lights took the number one spot in USA Today's 10 Best 'Botanical Garden Holiday Lights Display.'

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