Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 05, 2015 4:58 AM ET

Electric Utilities

Company Overview of Virginia Electric and Power Company

Company Overview

Virginia Electric and Power Company, a regulated public utility, generates, transmits and distributes electricity for sale in Virginia and North Carolina. It operates in two segments, DVP and Dominion Generation. The Dominion Virginia Power segment is engaged in regulated electric transmission and distribution operations, including customer service. It has approximately 6,400 miles of electric transmission lines of approximately 69 kilovolt located in the states of North Carolina, Virginia, and West Virginia. This segment serves approximately 2.5 million customers. The Dominion Generation segment is involved in the generation operations of regulated electric utility; and its related energy s...

120 Tredegar Street

Richmond, VA 23219

United States

Founded in 1909

6,800 Employees

Phone:

804-819-2000

Key Executives for Virginia Electric and Power Company

Chairman, Chief Executive Officer, Member of Audit Committee, Chairman of Dominion Resources, Inc, Chief Executive Officer of Dominion Resources, Inc and President of Dominion Resources, Inc
Age: 60
President and Chief Operating Officer
Age: 54
President and Chief Operating Officer
Age: 59
President and Chief Nuclear Officer
Age: 56
President and Director
Age: 46
Compensation as of Fiscal Year 2014.

Virginia Electric and Power Company Key Developments

Dominion Virginia Power to Build its New Greensville County Power Station

Fluor Corporation announced that it was awarded an engineering, procurement, construction and commissioning (EPCC) contract by Dominion Virginia Power to build its new Greensville County Power Station, a combined-cycle, natural gas-fired power station in Greensville County, Va. The project investment will exceed $1 billion. Based on the current limited notice-to-proceed, Fluor will book a portion of its scope into backlog in the first quarter of 2015 with the remainder to be booked in 2016 after Dominion receives final permits and approvals. The new 1,600-megawatt Greensville County Power Station is expected to be completed by 2019 and will produce enough electricity to power 400,000 homes at peak demand. Fluor will design the plant at its engineering office in Charlotte, and it is anticipated that about 1,000 craft workers will be onsite during the peak construction period. The Greensville County Power Station will be located on a 1,143-acre site on the Greensville and Brunswick County line in southern Virginia. New power output from the Greensville County facility will fulfill the need for additional generation resources to serve Dominion’s projected customer demand.

Dominion Virginia Power Names Scott Miller as Vice President-Electric Transmission

Dominion East Ohio announced the appointment of Scott Miller as vice president-Electric Transmission for Dominion Virginia Power in Richmond. Miller joined Dominion in 1997 as a financial analyst in Corporate Planning & Analysis. In 1999, he was promoted to senior financial analyst and became manager-Mergers & Acquisitions in 2001. He was named director-Financial Analysis for Dominion Generation in 2004, and was promoted to vice president-Financial Management, Dominion Energy, in October 2007. He became vice president-Financial Management, Dominion Virginia Power, in June 2009. He was named vice president Budgeting, Business Planning & Market Analysis in January 2011.

Dominion Virginia Power Plans to Construct Natural Gas-Fuelled Power Station of Around 1600-Megawatts in Greensville County, Virginia

Dominion Virginia Power is planning to construct a natural gas-fuelled power station of around 1600-megawatts, in Greensville County, Virginia, USA. The project requires an investment of more than USD 1 billion and is likely to be a combined-cycle facility consisting of three gas-fired combustion turbines and a steam turbine designed to generate enough power for 400,000 typical homes at peak demand. The facility requires regulatory approval and is to create more than 1,000 jobs at the peak of construction and be operational in 2019 to meet projected demand growth. When the power station starts operations, it will have around 45 full-time employees.

Similar Private Companies By Industry

Company Name Region
W2 Energy Development Corporation United States
Delta Power Company, LLC United States
Veolia Energy North America, LLC United States
Iceland America Energy, Inc. United States
Bounce Energy, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 8, 2015
77 Acres of Lexington Seven
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Virginia Electric and Power Company, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.