RICHMOND, Va., Sept. 15, 2015 /PRNewswire/ -- Site
Selection magazine has named Dominion as one of the country's
top 10 utilities for economic development.
The publication cites that Dominion's economic development team
helped bring more than $2.7 billion
in corporate facility investments supporting 3,615 new jobs in its
footprint last year. The growing list of data center sites,
renewable energy initiatives such as solar generation and offshore
wind developments, and the Atlantic Coast Pipeline project were
mentioned.
Dominion also was actively involved in Shandong Tranlin Paper
Co.'s selection last year of Chesterfield
County, Va., as the site for its first U.S. advanced
manufacturing operation. Shandong,
a leading Chinese pulp and paper company, plans to invest
$2 billion over five years and will
create 2,000 new jobs by 2020.
"Creating economic opportunities while focusing on delivering
safe, reliable and cost effective electricity continues to be
Dominion's mission in the areas we serve in Virginia and northeastern North Carolina," said Paul Koonce, president of Dominion Virginia
Power. "By attracting new economic growth in an extremely
competitive environment, we help create sought-after opportunities
that appeal to domestic and international companies seeking to
establish business in our core regions."
Site Selection's criteria included the utility's website
tools and data; innovative programs and incentives for business,
including energy efficiency and renewable energy programs; and each
company's own job-creating infrastructure and facility investment
trends.
Other utilities on the list are Exelon, Duke Energy, Entergy,
First Energy, Florida Power &
Light, Georgia Power, Hoosier Energy, South Carolina Power Team,
and Tennessee Valley Authority.
Site Selection is a publication that provides current and
pertinent data to governments, investors and corporations.
Dominion is one of the nation's largest producers and
transporters of energy, with a portfolio of approximately 24,600
megawatts of generation, 12,200 miles of natural gas transmission,
gathering and storage pipeline, and 6,455 miles of electric
transmission lines. Dominion operates one of the nation's
largest natural gas storage systems with 928 billion cubic feet of
storage capacity and serves utility and retail energy customers in
13 states. For more information about Dominion, visit the company's
website at www.dom.com/.
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SOURCE Dominion