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Dominion Energy and Stonepeak Close Partnership for Coastal Virginia Offshore Wind Commercial Project
Contract Type
partnership
Description
Dominion Energy, Inc. has closed the sale of a 50% noncontrolling interest in the Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak. Dominion Energy will retain full operational control of the construction and operations of the project, and Stonepeak will have customary minority rights. This partnership with Stonepeak has improved Dominion Energy’s quantitative & qualitative business risk profile, marked by a highly credit-positive partnership.
Quick answer
Dominion Energy and Stonepeak Close Partnership for Coastal Virginia Offshore Wind Commercial Project (October 22, 2024). Dominion Energy is based in Richmond, Virginia, United States.
- What agreement did Dominion Energy announce on October 22, 2024?
- Dominion Energy, Inc. has closed the sale of a 50% noncontrolling interest in the Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak. Dominion Energy will retain full operational control of the construction and operations of the project, and Stonepeak will have customary minority rights.
- What does Dominion Energy do?
- Dominion Holdings Inc. is an investment holding company that emerged from BDO Unibank's leasing arm.
- Where is Dominion Energy based?
- Dominion Energy is based in Richmond, Virginia, United States.
Source: Fundz verified event record.
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