Dominion Energy submits winning bid of $17.7 million for a second lease area off the coast of Virginia Beach; equates to $100 per acre Acquisition provides the option to deploy additional regulated offshore wind generation to serve unprecedented electric demand growth using all-of-the-above approach supportive of goals of Virginia Clean Economy Act Company's focus remains on completing the 2.6-gigawatt Coastal Virginia Offshore Wind project on time and on budget RICHMOND, Va. , Aug. 14, 2024 /PRNewswire/ -- Virginia Electric and Power Company, a wholly owned subsidiary of Dominion Energy, Inc. (NYSE: D), today secured the rights for a 176,505-acre lease area off the coast of Virginia Beach, adjacent and to the East of where the company's 2.6-gigawatt Coastal Virginia Offshore Wind is currently under construction.

We had rated Dream Office a Hold as the debt risks offset any NAV discount. Q2-2024 results rising debt to EBITDA though progress on a key mortgage, offset this risk. Artis is now a 20% player in Dream Office.

Dream Office Real Estate Investment Trust (OTC:DRETF) Q2 2024 Earnings Conference Call August 12, 2024 9:00 AM ET Company Participants Michael Cooper - Chairman & Chief Executive Officer Gordon Wadley - Chief Operating Officer Jay Jiang - Chief Financial Officer Conference Call Participants Mark Rothschild - Canaccord Genuity Sam Damiani - TD Cowen Sairam Srinivas - Cormark Securities Matt Kornack - National Bank Financial Mario Saric - Scotiabank Lorne Kalmar - Desjardins Pammi Bir - RBC Capital Markets Sumayya Syed - CIBC Operator Welcome to the Dream Office REIT Q2 2024 Conference Call for Monday, August 12, 2024. During this call, management of Dream Office REIT may make statements containing forward-looking information within the meaning of applicable securities legislation.

Dominion Energy let investors down, but with a hefty 5% yield, it's probably worth the risk. Chevron currently offers a 4.5% yielding dividend that will likely continue growing.

Dominion Energy remains on target to install between 70-100 monopile foundations by end of October Coastal Virginia Offshore Wind remains on budget and on schedule to complete construction in late 2026 RICHMOND, Va. , Aug. 12, 2024 /PRNewswire/ -- Dominion Energy announced today the 50th monopile foundation for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) was installed 33 miles off the coast of Virginia Beach, keeping the project on schedule to hit the company's target of 70-100 monopiles set into the sea floor during the first of two installation seasons that run through the end of October.

Dominion Energy is a key utility provider in Virginia, serving the power hungry data center market in Loudoun County. Data center power demand is rapidly increasing, with projections of doubling by 2030, posing challenges and opportunities for utility providers like D. We explore the catalysts behind increasing power demand and assess whether D can deliver on the opportunity.

Grants support human needs, environmental stewardship, education, and community vitality Funding is available to organizations in areas where Dominion Energy provides electricity or natural gas or has significant business interests Deadline to apply for the fall grant cycle is Sept. 12, 2024 at 5 p.m.

Fed Chair Jerome Powell hinted that a rate cut could arrive in September. Lower interest rates are likely to encourage bond investors to move back into dividend stocks.

24/7 Wall St. Insights With inflation starting to be tamed, dividend stocks will be in big demand as rates drop.

Northern Virginia is the world's top data center market. AI could drive higher demand for power in the coming years.

While the top- and bottom-line numbers for Dominion Energy (D) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Dominion Energy's (D) second-quarter earnings are lower than estimates. Rising electricity demand from data centers is likely to drive the long-term growth of the company.