RICHMOND, Va., Aug. 3, 2017 /PRNewswire/ -- Dominion Energy
(NYSE: D) announced today that it has acquired two 5-megawatt (AC)
solar generating facilities and plans to purchase two other solar
farms totaling approximately 10 megawatts (AC) later in the third
quarter from subsidiaries of Chapel Hill,
N.C.-based Strata Solar.
Dominion Energy's solar portfolio in North Carolina and Virginia includes more than 600 megawatts of
capacity owned by one of the company's generation-holding
subsidiaries and more than 500 megawatts of solar capacity under
contract by Dominion Energy's electric utilities in the two states.
Together, these arrays could produce enough electricity to power
275,000 homes and businesses.
"With these acquisitions, Dominion Energy is well on its way to
bringing into service more than 700 megawatts of solar energy in
North Carolina and Virginia by the end of 2018," said
Keith Windle, vice president –
Business Development & Merchant Operations. "We will continue
to develop and acquire clean energy projects that help customers
meet their energy needs."
Dominion Energy has closed on the two 5-megawatt facilities in
North Carolina – Fremont in Wayne
County and Moorings 2 in Lenoir
County. The company expects to purchase the Clipperton and
Pikeville projects – each about 5
megawatts (AC) and under construction in Sampson County and Wayne County, respectively – when they are
completed, anticipated later in the third quarter.
Agreements are in place for sale of the offtake from the solar
facilities.
Dominion Energy has more than 2,000 megawatts of solar
generating capacity – including company-owned assets and assets
that are contracted by Dominion Energy utilities – in operation or
under development in nine states.
About Dominion Energy
Dominion Energy is one of the
nation's largest producers and transporters of energy, with a
portfolio of approximately 25,700 megawatts of generation, 15,000
miles of natural gas transmission, gathering and storage pipeline,
and 6,600 miles of electric transmission lines. Dominion
Energy operates one of the nation's largest natural gas storage
systems with 1 trillion cubic feet of storage capacity and serves
more than 6 million utility and retail energy customers. For more
information about Dominion Energy, visit the company's website at
www.DominionEnergy.com.
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SOURCE Dominion Energy