Fundz

Dominion Energy Acquires Second Energy Storage Project From East Point Energy

PRIVATEOct 18, 2022

Acquiring Company

East Point Energy, LLC

Acquired Company

Strategic Equity Energy

CharlottesvilleWashingtonEnergyOil And GasRenewable EnergyEnergyGovernment

Description

East Point Energy, an energy storage development firm, announced the sale of the Shands Energy Storage project to Dominion Energy Virginia, one of the nation’s largest utilities. At 15.7 megawatts(MW)/62.8 megawatt-hours (MWh), Shands will be one of the largest standalone storage projects in Virginia when it becomes operational in 2023. Located in Sussex County, Shands will enhance local grid reliability and serve as an essential component of Dominion Energy’s 100% clean energy future.

Quick answer

East Point Energy, LLC is acquiring Strategic Equity Energy, announced October 18, 2022. East Point Energy, LLC is based in Charlottesville, Virginia, United States.

How much did East Point Energy, LLC pay for Strategic Equity Energy?
The deal value was not disclosed.
What does East Point Energy, LLC do?
East Point Energy is a development firm focused on the origination, construction, and operation of energy storage projects.
Where are East Point Energy, LLC and Strategic Equity Energy based?
East Point Energy, LLC is based in Charlottesville, Virginia, United States. Strategic Equity Energy is based in Washington, District Of Columbia, United States.

Source: Fundz verified event record.

Other recent acquisitions in Energy and Oil And Gas

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at East Point Energy, LLC, and when

When East Point Energy, LLC changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day East Point Energy, LLC raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at East Point Energy, LLC, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at East Point Energy, LLC. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

East Point Energy, LLC

Location

200 GARRETT STREET

Charlottesville, Virginia, United States

About

East Point Energy is a development firm focused on the origination, construction, and operation of energy storage projects. Our team is currently developing gigawatts of energy storage projects throughout the country, helping to transform the grid into a renewable, resilient, and affordable system for generations to come. East Point is a wholly owned subsidiary of Equinor, a broad international energy company committed to long-term value creation in a low-carbon future.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment East Point Energy, LLC makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for East Point Energy, LLC's next move

Learn about Strategic plan

Frequently asked

Who acquired Strategic Equity Energy?

Strategic Equity Energy was acquired by East Point Energy, LLC, based in Charlottesville. The deal was reported on October 18, 2022. East Point Energy is a development firm focused on the origination, construction, and operation of energy storage projects. East Point Energy, LLC is privately held and operates in Energy.

When did East Point Energy, LLC acquire Strategic Equity Energy?

East Point Energy, LLC's acquisition of Strategic Equity Energy was reported on October 18, 2022. East Point Energy, an energy storage development firm, announced the sale of the Shands Energy Storage project to Dominion Energy Virginia, one of the nation’s largest utilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Strategic Equity Energy do?

Strategic Equity Energy is the company acquired in this transaction. It is privately held, operating in Energy, and is based in Washington.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.