SOURCE: Industrial Info Resources

Industrial Info Resources

February 24, 2016 07:30 ET

Virginia Electric Utility Sets Five-Year, $9.5 Billion Capital Budget, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Feb 24, 2016) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Dominion Virginia Power Company (Richmond, Virginia), a subsidiary of Dominion Resources Incorporated (NYSE:D) (Richmond, Virginia), last month announced plans to invest $9.5 billion in its electric generation, transmission and distribution system over the next five years. As large as that capital program is, it represents a floor, not a ceiling, for capital spending by Dominion Resources, which is also developing a multi-billion-dollar pipeline to bring natural gas to Virginia and North Carolina and, several years into the future, possible new nuclear generation.

Within this article: Lists some of the utility's largest planned capital outlays over the next five years.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact Information

  • Contact:
    Brian Ford
    (713) 980-9393